Currencies and grain trading

  • Euro1=£0.6723
  • Intervention Price: £84.17 dd.

  • £1=DM2.92/ FFr9.79/ US$1.615/ Euro1.487

  • FOB Rouen April wheat value: FFr710 (£72.52)

  • Chicago May wheat at close: $2.57 (£58.40)

MONDAY saw a quiet start to the week, with futures initially trading 20p higher, only to close down on the day as buyers backed away from the market.

Wheat futures – closing prices:

MONTH Close Change
MAY 74.80 -0.20
JULY 76.60 -0.20
SEP 74.50 -0.40
NOV 76.50 -0.25
JAN 78.40 -0.35
MAR 80.40 -0.20

    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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