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:

MONTH Close Change
MAR 75.80 -0.70
MAY 76.90 -0.75
JULY 78.90 -0.70
SEP 77.75 -0.75
NOV 79.50 -0.75
JAN 81.50 -0.75

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

    CommodityPrice
    February Class 1 milling wheat86-88
    February Class 2 milling wheat78-80
    February Soissons85-86
    February feed wheat70-72
    February feed barley74-76
    February OSR133
    (with 50p carry)
    Harvest feed wheat70-72
    September feed wheat72-74

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


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