Grain futures and currencies

  • Euro1=£0.6583
  • Intervention Price: £82.41dd.
  • £1=DM2.9710/ FFr9.9644/ US$1.6154/ Euro1.5191

  • FOB Rouen April wheat value: FFr745 (£74.61)

  • Chicago May wheat at close: $2.55 (£57.94)

THE UK market ended the week on a weaker tone as most buyers purchased sufficient wheat on forward months.

Wheat futures – closing prices:

MONTH Close Change
MAY 76.50 -0.65
JULY 77.50 -0.65
SEP 74.50 +0.10
NOV 76.50 +0.10
JAN 78.50 unch
MAR 80.00 unch

    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 OSR129
    Harvest OSR119
    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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