Currencies and grain trading


  • £1=DM2.751 / FFr9.23 / $1.661

  • FOB Rouen November wheat value: FFr 782.50 (£ 84.77)

  • Chicago December wheat at close: $2.87 (£ 63.41)

THERE were reports of initial offers of 20,000t of barley to intervention yesterday – the first offer day.

The United Nations World Food Programme has opened a tender to supply 150,000t of optional-origin wheat to Bangladesh for 15 November to 15 January shipment. Origin will probably be EU or Australia. Tender will take place on 4 November (tomorrow).

There could be news from the USA-Russia food and aid talks later today.

Prices at Mondays
wheat futures close:

MONTH Close Change
NOV 81.15 + 0.15
JAN 83.15 + 0.15
MAR 85.15 + 0.15
MAY 87.15 + 0.15
JUL 89.15 + 0.15
SEP 84.50 + 0.25

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

    CommodityPrice
    November Class 1 milling wheat90-94
    November Class 2 milling wheat82-85
    November Soissons87-93
    November feed wheat76-78
    November feed barley75-76
    Harvest 1999 feed wheat76
    September 1999 feed wheat78
    January 2000 feed wheat85

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


  • See more