Agrimonetary USCR Report 29th July 2010
29th July 2010
The USCR is the “Unofficial Sugar Conversion Rate” between UK Pounds and Euros. The USCR has the potential to change every 14 days depending on the value of Sterling against the Euro and if at 1.30pm every second Thursday that value is more than 1% different (+ or -) compared to the previous fortnight.
<p style="margin: 0cm 0cm 0pt" class="MsoPlainText">STERLING WEAKENS AGAINST THE EURO - HOWEVER NO CHANGE TO UK SUGAR PRICES FROM MONDAY 2ND AUGUST </p><p style="margin: 0cm 0cm 0pt" class="MsoPlainText"> </p><p style="margin: 0cm 0cm 0pt" class="MsoPlainText"> </p> <p style="margin: 0cm 0cm 0pt" class="MsoPlainText">A short time ago the European Central Bank fixed the commercial market value of the
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