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Currencies and grain trading

- 28 May 1998
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28 May 1998

Currencies and grain trading


Thursday, 28 May, 1998

  • £1=DM2.905 / FFr9.74 / $1.632

  • French FOB spot wheat value: FFr 705 (£ 72.38)

  • Chicago July wheat at close: $2.87 (£ 64.53)



AFTER being up by £1 up in the morning session on Wednesday, futures soon turned around as Sterling firmed early in the afternoon.





Prices at Wednesdays
wheat futures close:


MONTH Close Change
JUL 75.75 -0.25
SEP 75.75 -0.25
NOV 77.75 -0.25
JAN 79.75 -0.25
MAR 81.75 -0.25
MAY 83.75 -0.25

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






    June Class 1 milling114
    June feed wheat71
    June feed barley68
    Harvest feed wheat67
    Harvest barley63




  • Information provided by BDR Agriculture Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details

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