Currencies and grain trading

  • £1=DM2.7806 / FFr9.41 / $1.713

  • FOB Rouen spot wheat value: FFr 770.00 (£ 81.82)

  • Chicago December wheat at close: $2.99 (£ 64.05)


EU restitutions:

  • 452,000t of free-market soft wheat @ Ecu30.98/tonne
  • 191,500t of wheat to ACP nations @ Ecu38.00/tonne.
  • 390,000t of barley @ Ecu67.46/tonne.
  • This was probably the largest single slug of restitutions granted for two years.

The US Department of Agriculture is expected to announce a lower global wheat production figure later today.







Prices at Thursdays
wheat futures close:


MONTH Close Change
NOV 78.20 + 0.90
JAN 80.20 + 0.95
MAR 82.20 + 0.95
MAY 84.20 + 1.00
JUL 86.00 + 1.20
SEP 80.50 + 0.50

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











    CommodityPrice
    October Class 1 milling wheat88-91
    October Class 2 milling wheat78-82
    October Soissons85-88
    October feed wheat72-75
    October feed barley72-74
    Harvest 1999 feed wheat75
    Setpember 1999 feed wheat76
    January 2000 feed wheat81




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


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