Currencies and grain trading


30 June 1998


Currencies and grain trading


Tuesday, 30 June, 1998

  • £1=DM3.016 / FFr10.1 / $1.667

  • French FOB spot wheat value: FFr 665 (£ 65.84)

  • Chicago July wheat at close: $2.76 (£ 59.60)



THE follow-through from a weaker market in Chicago, weaker French prices and Sterling stronger saw the UK markets fall steadily during the day. There seems to be nothing on the horizon to change these circumstances at the moment.





Prices at Mondays
wheat futures close:


MONTH Close Change
JUL 74.75 0.00
SEP 72.00 -1.00
NOV 74.15 -0.85
JAN 76.15 -0.85
MAR 78.15 -0.85
MAY 80.15 -0.85

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







    July Class 1 milling112-115
    July feed wheat70-72
    July biscuit wheat75-80
    Harvest feed wheat65-66




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

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