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Currencies and grain trading

- 24 November 1998
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  • £1=DM2.823/FFr9.466/$1.653

  • FOB Rouen November wheat value: FFr 765.00 (£ 80.81)

  • Chicago December wheat at close: $2.77 (£ 61.49)

  • THE UK market has followed Chicago and French wheat downwards as Sterling hit recent highs.
  • German intervention offers have reached 2.45 million tonnes; French, 1.51m tonnes.
  • Algeria will tender today for 100,000t of optional-origin wheat.






    Prices at Mondays
    wheat futures close:



    MONTH Close Change
    NOV 77.25 -0.10
    JAN 78.30 -0.20
    MAR 80.30 -0.30
    MAY 82.30 -0.20
    JUL 84.30 -0.20
    SEP 81.75 -0.50


      Approximate commodity
      values, £/tonne, ex-farm:











      CommodityPrice
      November Class 1 milling wheat90-92
      November Class 2 milling wheat82-83
      November Soissons87-93
      November feed wheat73-74
      November feed barley73-75
      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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