Currencies and grain trading

  • Euro=£0.6754
  • Intervention Price: £83.78dd.
  • £1=DM2.904 / FFr9.74 / US$1.626

  • FOB Rouen March wheat value: FFr715 (£73.40)

  • Chicago March wheat at close: $2.65 (£59.80)

UK market gained all of the previous days losses yesterday even though currency remained very strong. Chicago finished very strong as talk of potential export sales entered the market.

Wheat futures – closing prices:

MONTH Close Change
MAR 73.90 +0.90
MAY 76.05 +0.80
JULY 77.95 +0.85
SEP 77.15 +0.90
NOV 79.00 +0.75
JAN 81.00 +0.75

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

    March Class 1 milling wheat85
    March Class 2 milling wheat75-77
    March Soissons80-84
    March feed wheat69-71
    March feed barley72-75
    March OSR118
    Harvest OSR115
    Harvest feed wheat67-70
    November feed wheat75-76

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

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