Currencies and grain trading
- Euro=£0.6904
- Intervention Price for January: £85.05 dd.
- £1=DM2.84 / FFr9.52 / $1.6525
- FOB Rouen February wheat value: FFr 700.00 (£73.49)
- Chicago March wheat at close: $2.69 (£59.97)
THE UK market drifted lower yesterday (Monday) following the French, which is now trading around £10 below intervention. Although representation has been made for feed wheat intervention, most believe this is unlikely.
Wheat futures – closing prices:
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values, £/tonne, ex-farm:
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