Currencies and grain trading - farmers weekly

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Currencies and grain trading - farmers weekly"


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10 August 1998 CURRENCIES AND GRAIN TRADING _MONDAY, 10 AUGUST, 1998_ * £1=DM2.90 / FFr9.724 / $1.629 * French FOB spot wheat value: FFr 730.50 (£ 75.12) * Chicago September wheat at close:


$2.51 (£ 56.54) EARLY trading on Friday pushed futures 75p higher, following the French market, before sellers came out ahead of the weekend forecast, making spot sales and thus reducing any


futures gains. All eyes will be on prices for this week coupled with yield data to determine whether the crop is 16 million or 16.5m tonnes. Prices at Fridays wheat futures close: MONTH


CLOSE CHANGE SEP 69.75 + 0.50 NOV 71.25 0.00 JAN 73.25 0.00 MAR 75.25 0.00 MAY 77.25 0.00 Approximate commodity values, £/ tonne, ex-farm: COMMODITY PRICE Harvest Class 1 milling wheat 80


Harvest Class 2 milling wheat 70 Harvest Soissons 70-75 Harvest feed wheat 61 Harvest feed barley 60 * INFORMATION PROVIDED BY BDR AGRICULTURE LTD, HARVEST HOUSE, 64 NORTH STREET, BOURNE,


LINCOLNSHIRE PE10 9AJ – CLICK HERE FOR FURTHER DETAILS


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Currencies and grain trading - farmers weekly

10 August 1998 CURRENCIES AND GRAIN TRADING _MONDAY, 10 AUGUST, 1998_ * £1=DM2.90 / FFr9.724 / $1.629 * French FOB spot ...

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