Currencies and grain trading

  • Euro=£0.6737
  • Intervention Price: £83.67dd.
  • £1=DM2.888 / FFr9.69 / US$1.602

  • FOB Rouen March wheat value: FFr710 (£73.27)

  • Chicago March wheat at close: $2.58 (£59.14)

THE UK market firmed on Friday as Sterling weakened. The US market was firmer, too, on talk of a lack of moisture in the red wheat-growing areas. ONIC increased the French soft wheat estimated carryover by 300,000t.

Wheat futures – closing prices:

MONTH Close Change
MAR 73.40 +1.50
MAY 75.60 +1.10
JULY 77.50 +1.10
SEP 76.50 +1.20
NOV 78.50 +1.20
JAN 80.50 +1.20

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

    March Class 1 milling wheat85
    March Class 2 milling wheat75-77
    March Soissons80-84
    March feed wheat68-71
    March feed barley74-76
    March OSR116
    Harvest OSR114
    Harvest feed wheat67-70
    September feed wheat70-71

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

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