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Currencies and grain trading

- 27 November 1998
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  • £1=DM2.824/FFr9.47/$1.659

  • FOB Rouen November wheat value: FFr 755.00 (£ 79.72)

  • Chicago December wheat at close: $2.78 (£ 61.49)

Restitutions:

  • Free market: 185,000t of soft wheat at Ecu27.25
  • ACP: 46,000t at Ecu33.94
  • Barley: rejected

Prices at Thursdays
wheat futures close:

MONTH Close Change
JAN 77.80 -0.25
MAR 79.70 -0.30
MAY 81.70 -0.30
JUL 83.65 0.00
SEP 80.40 -0.25
NOV 82.40 -0.25

    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
    January 1999 OSR162-164

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


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