Wednesday, 23 December, 1998
- £1=DM2.808 / FFr9.418 / $1.682
FOB Rouen December wheat value: FFr 750.00 (£79.63)
Chicago March wheat at close: $2.76 (£:60.22)
UK wheat futures improved marginally, with most traders looking to square their books before Christmas.
Bangladesh yesterday (Tuesday) purchased 99,000t of wheat at $126.60 C&F for January shipment (£75.26). The wheat is believed to be of US, Australian or Canadian origin.
Prices at Tuesdays wheat futures close:
MONTH |
Close |
Change |
JAN |
77.00 |
+ 0.10 |
MAR |
78.20 |
+ 0.10 |
MAY |
80.10 |
+ 0.10 |
JUL |
82.10 |
+ 0.10 |
SEP |
79.85 |
-0.20 |
NOV |
81.50 |
-0.30 |
|
Approximate commodity values, £/tonne, ex-farm:
Commodity | Price |
December Class 1 milling wheat | 93-96 |
December Class 2 milling wheat | 81-83 |
December Soissons | 92-95 |
December feed wheat | 73-76 |
December feed barley | 75-78 |
Harvest 1999 feed wheat | 74-76 |
September 1999 feed wheat | 76-78 |
January 1999 OSR | 157-160 |
|
Information provided by BDR Agriculture Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details