Euronext Wheat Falls 0.8% From One-Month High
Benchmark December milling wheat settled 0.8% lower at €246.25 a metric ton on Thursday. Traders cited a stronger euro and increased Russian exports as factors tempering concerns about Black Sea trade disruption.
Traders said Euronext wheat retreated from a one-month high on Thursday as a stronger euro and increased Russian exports eased concerns that the war could disrupt Black Sea trade. The benchmark December milling wheat contract on Euronext settled 0.8% lower at €246.25 ($275.92) a metric ton.