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Grain future and currencies

- 07 June 1999
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  • Euro1=£0.639
  • Intervention Price: £81.91
  • £1=DM3.058 / FFr10.26 / US$1.608/ Euro1.559

  • FOB Rouen May wheat value: FFr755 (£74.01)

  • Chicago July wheat at close: $2.56 (£58.42)

  • UK futures drifted lower on Friday as sterling strengthened again. New crop French wheat is now being offered at lower levels for second half July arrival.






Wheat futures – closing prices:


MONTH Close Change
JUL 79.00 -0.40
SEP 73.10 -0.20
NOV 75.15 -0.15
JAN 77.00 -0.25
MAR 78.85 -0.15
MAY 80.80 -0.20


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











    CommodityPrice
    June Class 1 milling wheat83-85
    June Class 2 milling wheat80-83
    June SoissonsNot needed
    June feed wheat75-77
    June feed barley74-75
    June OSR113
    Harvest OSR107
    Harvest feed wheat66-68
    November feed wheat72-73




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


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