Grain futures and currencies

  • Euro1=£0.6481
  • Intervention Price: £81.78
  • £1=DM3.0178 / FFr10.1212 / US$1.5954 / Euro1.5430

  • FOB Rouen June wheat value: FFr785 (£77.41)

  • Chicago July wheat at close: $2.55 (£58.71)

  • UK old-crop wheat futures have improved over the week as supply becomes tight but, with the strength of Sterling, new-crop futures remain virtually unchanged.
  • The EU sold approx 673,000t of EU intervention wheat and approx 415,000t of intervention barley.

Wheat futures – closing prices:

MONTH Close Change
JUL 83.40 -0.30
SEP 74.45 unchanged
NOV 75.75 -0.30
JAN 77.65 -0.30
MAR 79.40 -0.30
MAY 81.15 -0.30

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

    June Class 1 milling wheat83-85
    June Class 2 milling wheat81-83
    June SoissonsNot needed
    June feed wheat78-82
    June feed barley70-75
    June OSR110
    Harvest OSR105
    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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