Currencies and grain trading


05 August 1998


Currencies and grain trading


Wednesday, 5 August, 1998

  • £1=DM2.9021 / FFr9.728 / $1.639

  • French FOB spot wheat value: FFr 710 (£ 72.98)

  • Chicago September wheat at close: $2.47 (£ 55.30)


IT now looks possible harvest prices will be around £60/ tonne ex-farm for feed wheat as the UK only $2 cheaper than French wheat in both the August and September positions .





Prices at Tuesdays
wheat futures close:


MONTH Close Change
SEP 67.50 -0.75
NOV 69.75 -0.75
JAN 71.60 -0.75
MAR 73.50 -0.75
MAY 75.45 -0.75

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








    CommodityPrice range
    Old-crop biscuit wheat75
    Harvest feed wheat61
    Harvest feed barley60




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

  • See more