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Currencies and grain trading

- 30 March 1999
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  • Euro1=£0.6615
  • Intervention Price: £82.15dd.

  • £1=DM2.946 / FFr9.98 / US$1.616 / Euro1.5117

  • FOB Rouen March wheat value: FFr702.50 (£71.10)

  • Chicago March wheat at close: $2.89 (£66.76)

THE UK market started the week very slowly, with buyers evident, but at slightly lower levels. The US market steady once again in what has been a £6 rally in three weeks.

Wheat futures – closing prices:

MONTH Close Change
MAY 73.90 u/c
JULY 75.75 u/c
SEP 74.75 u/c
NOV 76.50 u/c
JAN 78.50 -0.10
MAR 80.50 -0.10

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

    CommodityPrice
    March Class 1 milling wheat82-86
    March Class 2 milling wheat74-76
    March Soissons80-84
    March feed wheat70-71
    March feed barley70-72
    April OSR125
    Harvest OSR118
    Harvest feed wheat67-69
    November feed wheat73-75

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


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