Grain futures and currencies

  • Euro1=£0.6587
  • Intervention Price: £82.46dd.
  • £1=DM2.9647/ FFr9.9584/ US$1.6138/ Euro1.5181

  • FOB Rouen April wheat value: FFr750 (£74.49)

  • Chicago May wheat at close: $2.49 (£56.47)

THE UK market is still very dull, with buyers looking at July and August and sellers looking for immediate movement at the slightly higher prices of last week.

Wheat futures – closing prices:

MONTH Close Change
MAY 76.50 +0.40
JULY 77.70 +0.60
SEP 75.25 +0.75
NOV 77.25 +0.75
JAN 79.00 +0.50
MAR 80.50 +0.50

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

    May Class 1 milling wheat85-86
    May Class 2 milling wheat79-81
    May Soissons78-82
    May feed wheat72-74
    May feed barley73-76
    May OSR129
    Harvest OSR118
    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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