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Currencies and grain trading

- 14 August 1998
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14 August 1998

Currencies and grain trading


Friday, 14 August, 1998

  • £1=DM2.903 / FFr9.728 / $1.625

  • French FOB spot wheat value: FFr 765 (£ 79.16)

  • Chicago September wheat at close: $2.53 (£ 57.13)


BRUSSELS: 231,000  of wheat at Ecu32.55/ t, which roughly prices French wheat FOB at $94/ t (£58/ t).


THE market was still relatively quiet yesterday, with no volume of grain being sold ex-farm as most growers were looking for a small uplift in prices .





Prices at Thursdays
wheat futures close:


MONTH Close Change
SEP 71.00 + 0.25
NOV 73.25 + 0.20
JAN 75.25 + 0.25
MAR 77.25 + 0.25
MAY 79.25 + 0.25

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








    CommodityPrice
    Harvest Class 1 milling wheat75
    Harvest Class 2 milling wheat70
    Harvest Soissons72
    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

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