Commentary
Last updated - 2008-05-13 16:42:37

 

13th May 2008
Old crop futures under pressure again on Tuesday losing up to £3.50 / tonne at the low point. Closed £3 down.
But newcrop again little change.
Liffe weaker early on but recovered to close unchanged.
Matif also unchanged.
CBOT wheat at the time of writing just after the London close, 5 cents down following weaker corn
Liffe close ( Friday ) May £152.50, July £154.00, Nov'08 £139.75, Nov'09 £140.50
Sterling vs euro £0.7957 vs $ £1.9472