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Currencies and grain trading

- 03 June 1998
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03 June 1998

Currencies and grain trading


Wednesday, 3 June, 1998

  • £1=DM2.909 / FFr9.756 / $1.637

  • French FOB spot wheat value: FFr 705 (£ 72.26)

  • Chicago July wheat at close: $2.87 (£ 64.34)



THE Chicago futures close tells all – yesterday was very quiet. Some growers are now starting to question the forecast crop size, as recent weather has encouraged disease.


French Intervention offers have now reached 4,300,000 tonnes.





Prices at Tuesdays
wheat futures close:


MONTH Close Change
JUL 76.00 0.00
SEP 76.25 0.00
NOV 78.25 0.00
JAN 80.25 0.00
MAR 82.25 0.00
MAY 84.25 0.00

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






    June Class 1 milling115
    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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