Currencies and grain trading


07 July 1998


Currencies and grain trading


Tuesday, 7 July, 1998

  • £1=DM2.972 / FFr9.96 / $1.640
  • French FOB spot wheat value
  • Chicago July wheat at close: $2.72 (£ 60.86)


THE market looked set to rise on early trades, but it soon became evident that negative sentiment would push futures lower again.





Prices at Mondays
wheat futures close:


MONTH Close Change
JUL 75.00 -1.00
SEP 70.25 -0.50
NOV 72.25 -0.50
JAN 74.25 -0.50
MAR 76.25 -0.50
MAY 78.25 -0.50
    Approximate commodity
    values, £/ tonne, ex-farm:








    July Class 1 milling112-115
    July feed wheat70-72
    July biscuit wheat75-80
    Harvest feed wheat64-66
    Harvest feed barley60-61




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

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