Currencies and grain trading

  • £1=DM2.841 / FFr9.526 / $1.696

  • FOB Rouen spot wheat value: FFr 740.00 (£ 77.68)

  • Chicago December wheat at close: $2.78 (£ 60.15)

UK futures climbed 50p/£1 yesterday morning, but soon fell in the afternoon session as Sterling strengthened. Good interest from shippers for October-November wheat will, unless Sterling rises further, hold prices steady in the short term.


  • 251,000t of free-market soft wheat at Ecu32.49/t.
  • The Commission also sold 124,000t of UK intervention barley to be shipped to third-country destinations at a minimum price of Ecy48.17 (£32.62) and increased the allocation for sale by 200,000t.

Prices at Thursdays
wheat futures close:

MONTH Close Change
SEP 71.25 0.00
NOV 72.85 0.00
JAN 74.75 0.00
MAR 76.75 0.00
MAY 78.75 0.00

    Approximate commodity
    values, £/tonne, ex-farm:

    October Class 1 milling wheat88-90
    October Class 2 milling wheat78-80
    October Soissons82-84
    October feed wheat68-70
    October feed barley67-70
    Harvest 1999 feed wheat73

  • Information provided by BDR Agriculture Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details

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