Currencies and grain trading (Monday, 08:00)

  • 1=DM2.834 / FFr9.514/ $1.68

  • FOB Rouen spot wheat value: FFr 735.00 ( 77.25)

  • Chicago September wheat at close: $2.53 ( 55.26)

THE UK market finished virtually unchanged on Friday, with most buyers tidy for the month and looking to top up the October book at the same price level as that paid for the September.

The UK grain trade estimates 500,000t will have been shipped in September, but more than 400,000t needs to be shipped in October, November and December to stand a chance of clearing the projected 4.2-4.5 million tonne exportable surplus.

Prices at Fridays
wheat futures close:

MONTH Close Change
SEP 71.50 0.00
NOV 72.50 -0.15
JAN 74.40 -0.25
MAR 76.40 -0.20
MAY 78.00 -0.25

    Approximate commodity
    values, /tonne, ex-farm:

    October Class 1 milling wheat88-90
    October Class 2 milling wheat78-80
    October Soissons82-84
    October feed wheat68-70
    October feed barley67-70

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

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