Currencies and grain trading

  • Euro1=£0.674
  • Intervention Price: £84.77dd.
  • £1=DM2.902/ FFr9.737/ US$1.601/ Euro1.483

  • FOB Rouen March wheat value: FFr720.0 (£73.94)

  • Chicago March wheat at close: $2.74 (£62.80)

Old crop futures pushed higher yesterday as sterling remained weak for
most of the day. French prices pushed marginally higher. There was almost no new demand from consumers.

Wheat futures – closing prices:

MONTH Close Change
MAY 76.00 +0.60
JULY 77.90 +0.65
SEP 76.65 +0.15
NOV 78.50 +0.15
JAN 80.25 +0.10
MAR 82.25 +0.10

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

    April Class 1 milling wheat82-86
    April Class 2 milling wheat77-80
    April Soissons80-82
    April feed wheat70-72
    April feed barley70-74
    April OSR126+
    Harvest OSR115
    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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