Liffe/Euronext wheat at 2 month lows

Posted by Nogger - a legend in his own mind at 13:10 | Categorized as

Liffe's Paris milling wheat and London feed wheat futures are lower, with nearby contracts matching or setting 2-month-lows. "There is not a lot of demand for feed wheat and French wheat exports to north Africa are not as strong as people expected," says a broker. Adds that market is waiting for USDA report for further direction. Paris May is -EUR3.50 at EUR246/ton. London May is -GBP1 at GBP178/ton.