Menu

Grain market update

- 20 February 1998
>More in


20 February 1998

Grain market update


Thursdays trading – 19 February 1998


THE EU granted the following restitutions to non-EU countries:


  • Wheat: 220,500 t at Ecu18.97
  • Barley: 41,500 t at Ecu30.97
  • Oats: 42,000 t at Ecu32.80 (from Finland and Sweden)

Tunisia bought 75,000 t of wheat, 50,000 t of it from France.

UK OSR prices remain firm, with some export business done and little left on farms. Interestingly, the UK crusher seems not to be buying old crop because prices are now too high.

  • £1=DM 2.975 / FFr 9.97 / $ 1.638
  • French FOB spot wheat value: FFr 827.50 (£ 80.49)
  • Chicago December wheat at close: $ 3.225 (£ 70.87)






Prices at yesterdays
wheat futures close:

MONTH Close Change
MAR 78.85 -0.85
MAY 81.25 -0.55
JUL 83.25 -0.55
SEP 80.40 -0.35
NOV 82.40 -0.35
JAN 84.40 -0.35

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




    Class 1 milling103
    Feed wheat74
    Feed barley69




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

  • Read and respond to grain-business issues in the BCE Forum on FWi – Click here

    • See more