Grain market update


03 September 1997


Grain market update


Tuesdays trading – 2 September 1997

THE market felt weaker all day, with UK prices uncompetitive against alternative origins, and therefore no export possibilities. Spot demand via shorts, plus quality requirements, seem to be the main activity, and this is holding the market together for the time being.

  • £1=DM 2.915 / FFr 9.825 / $ 1.592
  • French FOB spot wheat value: FFr 895.00 (£ 91.09)
  • Chicago September wheat at close: $ 3.78 (£ 85.48)
  • Prices at yesterdays wheat futures close:

MONTH Close Change
JUL 0.00 0.00
SEP 85.50 +0.20
NOV 86.90 +0.15
JAN 88.75 0.00
MAR 90.75 0.00
MAY 92.75 0.00




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

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