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Grain futures and currencies

- 29 April 1999
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  • Euro1=£0.6583
  • Intervention Price: £82.41dd.
  • £1=DM2.9710/ FFr9.9646/ US$1.6202/ Euro1.5191

  • FOB Rouen April wheat value: FFr750 (£75.15)

  • Chicago May wheat at close: $2.52 (£57.26)

OLD-CROP wheat futures followed the rise in the French market yesterday on very thin volumes. Spot ex-farm prices remained relatively unchanged as most end-users are covered in the nearby positions and concentrating on July and August. New-crop is still very flat, with little farmer selling.






Wheat futures – closing prices:


MONTH Close Change
MAY 77.50 +1.00
JULY 78.50 +0.80
SEP 75.10 -0.10
NOV 77.15 -0.10
JAN 78.75 -0.25
MAR 80.50 unch


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











    CommodityPrice
    May Class 1 milling wheat85-86
    May Class 2 milling wheat79-81
    May Soissons78-82
    May feed wheat72-74
    May feed barley73-76
    May OSR130
    Harvest OSR117
    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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