Currencies and grain trading
14 July 1998
Currencies and grain trading
Tuesday, 14 July, 1998
Softer sterling pushed new crop futures higher. With buyers keeping away from the market, there will be further losses before prices improve. One shipper said: “If sterling fell to DM 2.7, it would make very little difference, there are no buyers”.
Prices at yesterdays wheat futures close:
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values, £/ tonne, ex-farm:
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