Currencies and grain trading


  • £1=DM2.773 / FFr9.41 / $1.694

  • FOB Rouen October wheat value: FFr 770.00 (£ 82.79)

  • Chicago December wheat at close: $2.94 (£ 63.69)

THE EU Management Committee rejected all bids for free-market soft wheat and free-market barley. This news pushed Chicago futures to recent highs. The US Department of Agriculture also announced it would be donating 350,000t of wheat to Bangladesh for shipment by end-November.

Prices at Thursdays
wheat futures close:

MONTH Close Change
NOV 77.35 -0.25
JAN 79.35 -0.25
MAR 81.35 -0.25
MAY 83.35 -0.15
JUL 85.35 -0.25
SEP 80.25 -0.25

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

    CommodityPrice
    October Class 1 milling wheat90-94
    October Class 2 milling wheat80-84
    October Soissons85-91
    October feed wheat73-75
    October feed barley74-75
    Harvest 1999 feed wheat75
    Setpember 1999 feed wheat77
    January 2000 feed wheat82

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


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