Currencies and grain trading


  • £1=DM2.746 / FFr9.21 / $1.656

  • FOB Rouen November wheat value: FFr 782.50 (£ 84.96)

  • Chicago December wheat at close: $2.87 (£ 63.60)

THE UK market found sellers for most of the day, as many believe prices have risen enough – we are now more expensive than French once freight has been taken into account.

It is thought Russia and the USA are negotiating a package of around 1.5 million tonnes of US wheat aid.

Prices at Tuesdays
wheat futures close:

MONTH Close Change
NOV 80.40 -0.75
JAN 82.50 -0.65
MAR 84.50 -0.65
MAY 86.50 -0.65
JUL 88.50 -0.65
SEP 84.25 -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

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