Currencies and grain trading


  • £1=DM2.795/FFr9.37/$1.666

  • FOB Rouen November wheat value: FFr 782.50 (£ 83.51)

  • Chicago December wheat at close: $2.92 (£ 64.32)

THE UK market is very thin at present, with most consumers full this side of Christmas and looking to take advantage of any downward movements.

Tunisia purchased 100,000t of soft wheat for March-May shipment at between $112-$127 C&F. Its origin expected to be the EU or Turkey.

Prices at Wednesdays
wheat futures close:

MONTH Close Change
NOV 78.50 + 0.30
JAN 80.50 + 0.30
MAR 82.50 + 0.30
MAY 84.50 + 0.30
JUL 86.50 + 0.30
SEP 83.40 -0.10

    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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