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Currencies and grain trading

- 22 June 1998
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22 June 1998

Currencies and grain trading


Monday, 22 June, 1998

  • £1=DM2.986 / FFr10.019 / $1.666

  • French FOB spot wheat value: FFr 690 (£ 68.86)

  • Chicago July wheat at close: $2.88 (£ 63.44)



OLD-CROP wheat traded £3/ tonne higher, but soon found sellers to push levels down to £1 up on the day. New-crop wheat saw profit-taking on a week when most days finished lower.





Prices at Fridays
wheat futures close:


MONTH Close Change
JUL 79.00 + 1.00
SEP 73.25 + 0.65
NOV 75.25 + 0.65
JAN 77.25 + 0.65
MAR 79.25 + 0.65
MAY 81.25 + 0.65

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






    June Class 1 milling115
    June feed wheat71
    June feed barley65
    Harvest feed wheat66
    Harvest barley62




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

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