Grain futures and currencies

  • Euro1=£0.6593
  • Intervention Price: £82.54dd.
  • £1=DM2.966/ FFr9.950/ US$1.606/ Euro1.5168

  • FOB Rouen April wheat value: FFr745 (£75.17)

  • Chicago May wheat at close: $2.57 (£58.69)

THE UK market continued on a firmer tone as consumers still look to take cover for June-August on feed, biscuit and milling wheats. The latter appears the easiest to buy, bringing the premium in to around £12-13 pounds. The French market is still creeping upwards .

Wheat futures – closing prices:

MONTH Close Change
MAY 77.50 +0.60
JULY 78.50 +0.50
SEP 75.20 +0.20
NOV 77.30 +0.20
JAN 79.20 +0.20
MAR 81.05 +0.20

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

    May Class 1 milling wheat85-86
    May Class 2 milling wheat79-81
    May Soissons78-80
    May feed wheat73-74
    May feed barley73-76
    May OSR130
    Harvest OSR120
    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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