This coincided with the euro hitting a 52-week high of 90.83p, a level which many commentators had previously identified as a possible trigger for farmers seeking to maximise the value of euro-based single farm payments (SFP).
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Value of the euro sparks currency exchange peak
Clydesdale Bank's agribusiness division had its busiest currency exchange trade of 2010/2011 during the final days of June and beginning of July.
