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Grain futures and currencies

- 23 July 1999
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  • Euro1=£0.6635

  • £1=DM2.948 / FFr9.89 / US$1.583 / Euro1.507

  • FOB Rouen August wheat value: FFr760 (£76.84)

  • Chicago July wheat at close: $2.43 (£56.33)

  • Old-crop feed wheat values are still slipping as new-crop will soon be available.
  • The EU announced yesterday its intention to start free-market export restitutions on 5 August. These restitutions were suspended on 27 May to concentrate on exporting intervention stocks.
  • Yesterday the EU sold 92,200t of French intervention wheat and approximately 253,000t of EU intervention barley.






Wheat futures – closing prices:


MONTH Close Change
SEP 75.00 unchanged
NOV 77.05 unchanged
JAN 78.85 unchanged
MAR 80.15 unchanged
MAY 81.80 unchanged
JUL 83.25 unchanged


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











    CommodityPrice
    August Class 1 milling wheat80-82
    Augusty Class 2 milling wheat75-78
    August Soissons£75-78
    July feed wheat75-77
    July feed barley65-67
    Harvest OSR100-102
    Harvest feed wheat68-70
    November feed wheat73-75
    June 2000 feed wheat80




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



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