Currencies and grain trading


09 July 1998


Currencies and grain trading

Thursday, 9 July, 1998

  • £1=DM2.984 / FFr10.009 / $1.635
  • French FOB spot wheat value: FFr 760 (£75.93)
  • Chicago July wheat at close: $2.73 (£ 61.27)


OVERNIGHT strengthening of the currency could mean more selling pressure. The first barley has been cut in Essex – there are no reports of its quality yet.




Prices at Wednesdays
wheat futures close:


MONTH Close Change
JUL 74.75 -0.25
SEP 69.90 + 0.15
NOV 71.90 + 0.15
JAN 73.85 + 0.25
MAR 75.75 + 0.25
MAY 77.85 + 0.35

    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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