Currencies and grain trading


  • £1=DM2.784 / FFr9.34 / $1.657

  • FOB Rouen November wheat value: FFr 782.50 (£ 83.77)

  • Chicago December wheat at close: $2.93 (£ 64.89)

THE EU food aid package to Russia could include 1.5 million tonnes of whea, which will probably come from French intervention stocks.

Tunisia is to tender for 75,000t of optional-origin soft wheat, probably French, today (Wednesday).

Cargill announced yesterday it has bought the grain trading arm of Continental Grain.

Prices at Tuesdays
wheat futures close:

MONTH Close Change
NOV 78.15 + 0.05
JAN 80.15 + 0.05
MAR 82.15 + 0.15
MAY 84.15 + 0.05
JUL 86.15 + 0.05
SEP 83.50 -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 wheat75-77
    November feed barley74-75
    Harvest 1999 feed wheat78
    September 1999 feed wheat79
    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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