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Currencies and grain trading

- 06 April 1999
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  • Euro1=£0.670
  • Intervention Price: £83.75dd.

  • £1=DM2.920 / FFr9.79 / US$1.601 / Euro1.5037

  • FOB Rouen March wheat value: FFr717.50 (£73.28)

  • Chicago March wheat at close: $2.79 (£63.95)

It proved a very quiet week with the UK market lacking direction. The indications are, that at some stage, the market will become weaker.

Wheat futures – closing prices:

MONTH Close Change
MAY 75.40 +0.35
JULY 77.20 +0.35
SEP 76.15 +0.40
NOV 78.00 +0.40
JAN 79.90 +0.40
MAR 81.90 +0.40

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

    CommodityPrice
    April Class 1 milling wheat82-86
    April Class 2 milling wheat74-78
    April Soissons80-82
    April feed wheat70-72
    April feed barley70-74
    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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