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Currencies and grain trading

- 13 November 1998
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  • £1=DM2.80/FFr9.395/$1.663

  • FOB Rouen November wheat value: FFr 780.00 (£ 83.02)

  • Chicago December wheat at close: $2.91 (£ 63.98)

THE EU Grains Management Committee yesterday (Thursday) awarded licences to export 30,000t of open-market wheat at a refund of Ecu25.83-25.99/t; and 71,150t of wheat to certain ACP countries.

Prices at Thursdays
wheat futures close:

MONTH Close Change
NOV 78.00 -0.50
JAN 80.00 -0.50
MAR 82.00 -0.50
MAY 84.00 -0.50
JUL 86.00 -0.50
SEP 82.90 -0.50

    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 wheat76-78
    September 1999 feed wheat79-80

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


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