- Intervention Price: £82.58dd.
- £1=DM2.928 / FFr9.925 / US$1.613 / 1.5008
- FOB Rouen April wheat value: FFr715 (£72.77)
- Chicago May wheat at close: $2.80 (£63.70)
THE UK market started the day on a weaker tone but, as Sterling slipped in the afternoon session, futures edged slightly higher. Tomkins announced the sale of the four Kerry flour mills to ADM – the largest wheat-flour miller in the USA.
Wheat futures – closing prices:
values, £/tonne, ex-farm:
|March Class 1 milling wheat||82-86|
|March Class 2 milling wheat||74-76|
|March feed wheat||70-71|
|March feed barley||70-72|
|Harvest feed wheat||67-69|
|November feed wheat||73-75|
Information provided by BDR Agriculture Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details