- £1=DM2.761 / FFr9.26 / $1.656
- FOB Rouen November wheat value: FFr 782.50 (£ 84.50)
- Chicago December wheat at close: $2.84 (£ 62.93)
UK futures drifted on thin volume, since most consumers are now virtually covered pre-Christmas and UK prices are still a little expensive compared with French. However, it is still difficult to buy ex-farm grain in the spot market. Growers may be busy drilling – which could result in volumes of grain being sold at the end of November.
Egypt is seeking 55,000t of US wheat for December arrival.
Prices at Wednesdays
wheat futures close:
values, £/tonne, ex-farm: