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Grain futures and currencies

- 14 May 1999
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  • Euro1=£0.6560
  • Intervention Price: £82.65dd.

  • £1=DM2.9815 / FFr9.9994 / US$1.6192 / Euro1.5244

  • FOB Rouen May wheat value: FFr745 (£74.81)

  • Chicago May wheat at close: $2.62 (£59.39)

OLD-CROP futures fell dramatically yesterday (Thursday) as Sterling edged ever higher. Consumers are now buying volumes from at least two international shippers at £1.50 below Wednesdays bid levels.

Wheat futures – closing prices:

MONTH Close Change
MAY 77.00 -1.00
JULY 76.50 -0.75
SEP 73.50 -0.25
NOV 75.50 -0.25
JAN 77.40 -0.35
MAR 79.10 -0.25

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

    CommodityPrice
    May Class 1 milling wheat85-90
    May Class 2 milling wheat79-82
    May Soissons78-82
    May feed wheat73-75
    May feed barley73-76
    May OSR114
    Harvest OSR112
    Harvest feed wheat67-68
    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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