Currencies and grain trading


30 April 1998


Currencies and grain trading


Thursday, 30 April, 1998

  • £1=DM2.993 / FFr10.036 / $1.671

  • French FOB spot wheat value: FFr 740.00 (£ 73.73)

  • Chicago May wheat at close: $3.04 (£ 66.76)



Futures:


THE firmer Pound forced futures down yesterday, even with good consumer demand for June/July wheat.





Prices at Wednesdays
wheat futures close:


MONTH Close Change
MAY 77.00 -0.80
JULY 79.00 -0.60
SEP 75.00 -0.75
NOV 77.00 -0.75
JAN 79.00 -0.90
MAR 81.00 -0.90

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





    May Class 1 milling112
    May feed wheat72
    May feed barley70/72
    Harvest feed wheat70




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

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