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Grain futures and currencies

- 06 May 1999
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  • Euro1=£0.6552
  • Intervention Price: £82.68dd.
  • £1=DM2.9852/ FFr10.0119/ US$1.6281/ Euro1.5263

  • FOB Rouen May wheat value: FFr750 (£75.22)

  • Chicago May wheat at close: $2.52 (£56.59)

UK wheat futures looked weaker from the open as buyers looked to scale back their purchases. New-crop wheat is still impossible to buy, even at inflated prices. Old-crop is still tight, with the FOB market remaining active for May and June.






Wheat futures – closing prices:


MONTH Close Change
MAY 78.25 -0.50
JULY 78.45 -0.55
SEP 74.50 -0.50
NOV 76.25 -0.75
JAN 78.00 -0.50
MAR 79.50 -0.50


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











    CommodityPrice
    May Class 1 milling wheat85-88
    May Class 2 milling wheat79-82
    May Soissons78-82
    May feed wheat73-75
    May feed barley73-76
    May OSR124
    Harvest OSR115
    Harvest feed wheat67-69
    November feed wheat73-75




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



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