Paris May Wheat -3.9%, Near 2-Month-Low
Liffe's Paris-based May milling wheat has touched -EUR10.50 today, or 3.9%, falling to EUR249.75/ton, near 2-month-low. There is follow-through weakness from Thursday's fall and further spillover pressure from CBOT wheat. Broker says speculators also trying to roll out of long May positions.
Standard cash wheat delivered to Rouen also -EUR7 at EUR260/ton.
The London May feed wheat future is down £5 to £179.50.
Standard cash wheat delivered to Rouen also -EUR7 at EUR260/ton.
The London May feed wheat future is down £5 to £179.50.