Currencies and grain trading - Farmers Weekly

Currencies and grain trading - Farmers Weekly


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- 27 August 1998 https://www.fwi.co.uk More in News Currencies and grain trading - 27 August 1998 >More in News

£1=DM2.963 / FFr9.933 / $1.639 French FOB spot wheat value: FFr 767.50 (£


77.26)Chicago September wheat at close: $2.45 (£ 54.85)


THE market reacted to the rise in Sterling by falling 50p in value. Most consumers are almost covered for September and are more relaxed when it comes to the October-onwards


positions.

Prices at Wednesdayswheat futures close:MONTH Close ChangeSEP 71.00 -0.25NOV 72.25 -0.25JAN 73.00 -0.25MAR 74.75 -0.25MAY 76.75 -0.25Approximate commodityvalues, £/tonne,


ex-farm:CommodityPriceHarvest Class 1 milling wheat83Harvest Class 2 milling wheat73Harvest Soissons76Harvest feed wheat65-67Harvest feed barley63-64Information provided by BDR Agriculture


Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details


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