Currencies and grain trading

  • Euro1=£0.671
  • Intervention Price: £84.186dd.

  • £1=DM2.912/ FFr9.760/ US$1.614/ Euro1.490

  • FOB Rouen March wheat value: FFr717.50 (£73.51)

  • Chicago March wheat at close: $2.65 (£60.25)

USDepartment of Agriculture supply/demand figures on Friday left US end season carryout at 26.02 million tonnes but increased global carryout by 7m tonnes from 127m to 134m tonnes. Uk market proved weaker on both old and new crop with sellers slowly coming to market .

Wheat futures – closing prices:

MONTH Close Change
MAY 75.00 -0.10
JULY 76.80 -0.20
SEP 74.90 -0.50
NOV 76.75 -0.50
JAN 78.75 -0.50
MAR 80.60 -0.50

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

    April Class 1 milling wheat85-86
    April Class 2 milling wheat77-81
    April Soissons80-82
    April feed wheat70-72
    April feed barley71-75
    May 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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