- Intervention Price: £84.26dd.
- £1=DM2.924/ FFr9.805/ US$1.606/ 1.483
- FOB Rouen March wheat value: FFr720.0 (£73.43)
- Chicago March wheat at close: $2.68 (£61.24)
UK futures fell yesterday as sterling held above DM 2.90 and further gains in sterling overnight would suggest further losses in futures today. EU granted 10,000mts free market soft wheat restitutions at 31.95 euros and 5,000mts to ACP destinations at 38.96 euros. All barley bids were rejected. French growers/co-ops have now offered a total of 5,159,300mts of wheat to Intvn.
Wheat futures – closing prices:
values, £/tonne, ex-farm: