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Currencies and grain trading

- 03 March 1999
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  • Euro=£0.6764
  • Intervention Price: £84.00dd.
  • £1=DM2.888 / FFr9.685 / US$1.615

  • FOB Rouen March wheat value: FFr710 (£73.30)

  • Chicago March wheat at close: $2.53 (£57.49)

THE UK market improved slightly yesterday, even though Sterling remained steady. The US market improved by over £1 as traders took weather into consideration.






Wheat futures – closing prices:


MONTH Close Change
MAR 72.00 +0.50
MAY 74.25 +0.25
JULY 76.25 +0.50
SEP 74.50 +0.75
NOV 76.50 +0.75
JAN 78.50 +0.75


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











    CommodityPrice
    March Class 1 milling wheat85
    March Class 2 milling wheat75-77
    March Soissons80-84
    March feed wheat68-69
    March feed barley74-76
    March OSR118
    Harvest OSR112
    Harvest feed wheat67-70
    September feed wheat70




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



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