EU Wheat Ends Mixed Thursday

EU wheat futures closed mixed Thursday with Paris November milling wheat closing EUR1.75 higher at EUR141.25/tonne, and London November feed wheat ending down GBP1.25 at GBP112/tonne.

Harvest pressure is coming from the US and eastern Europe, but farmers are reluctant sellers at this sort of money.

Across Europe weather conditions are mostly ideal for good crop development, although in areas like Bulgaria and Hungary it is too dry.

A weaker crude oil market also did little to help wheat's cause today.