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Grain futures and currencies

- 24 May 1999
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  • Euro1=£0.6583
  • Intervention Price: £83.07dd.
  • £1=DM2.9711 / FFr9.9646 / US$1.6060 / Euro1.5191

  • FOB Rouen May wheat value: FFr750 (£75.45)

  • Chicago May wheat at close: $2.52 (£57.76)

THE UK market ended the week on a more defensive tone as the French wheat market shrugged off last weeks sale to Algeria and the US market prepared for harvest.






Wheat futures – closing prices:


MONTH Close Change
MAY 77.50 -0.50
JULY 79.00 +0.75
SEP 74.00 unch
NOV 76.00 unch
JAN 77.75 -0.15
MAR 79.75 unch


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











    CommodityPrice
    May Class 1 milling wheat87-89
    May Class 2 milling wheat80-82
    May Soissons78-82
    May feed wheat72-74
    May feed barley73-75
    May OSR113
    Harvest OSR110
    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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