26 February 1998
Grain market update
Wednesdays trading – 25 February 1998
THE UK market looked weaker from the off as news filtered through that one of the original Bangladeshi sales will now be shipped from Denmark rather than UK. There was still no news of Tuesdays tender to Bangladesh. Barley shipments for February are not being executed at present.
Chicago finished 2¢/bushel lower, with persistent reminders of ample world wheat supplies.
Jordan purchased 50,000 t of optional-origin wheat yesterday for March shipment at around $142.60 C&F.
Prices at yesterdays
wheat futures close:
values, £/ tonne, ex-farm:
Class 1 milling 102
Feed wheat 74
Feed barley 70