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Currencies and grain trading

- 07 December 1998
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  • £1=DM2.783 / FFr9.333 / $1.657

  • FOB Rouen December wheat value: FFr 747.50 (£80.90)

  • Chicago December wheat at close: $2.71 (£60.02)

UK futures finished virtually unchanged on Friday, with very little interest from either consumers or growers. The market may not show any direction until early January when the full implications of the Euro on the UK market can be seen.

Prices at Fridays
wheat futures close:

MONTH Close Change
JAN 78.75 -0.10
MAR 80.40 -0.10
MAY 82.40 -0.10
JUL 84.40 -0.10
SEP 81.50 0.00
NOV 83.50 0.00

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

    CommodityPrice
    December Class 1 milling wheat93-96
    December Class 2 milling wheat81-83
    December Soissons92-95
    December feed wheat73-76
    December feed barley75-78
    Harvest 1999 feed wheat76-78
    September 1999 feed wheat78-80
    January 1999 OSR160-163

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


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