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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.
Benchmark December milling wheat on Paris-based Euronext fell 1.5% to a six-week low as traders cited hopes of de-escalation in the Black Sea region and weak buying after the US-China summit.
December milling wheat on Euronext settled down 0.3% at €236.75 a metric ton after earlier hitting €233.75, its lowest since Aug. 25.