EU wheat stuck near lows as traders eye exports

PARIS, Oct 7 (Reuters) - Euronext wheat futures were little changed on Tuesday, remaining near contract lows, with a further fall in the euro countering weakness in Chicago as traders awaited fresh export news.

December milling wheat BL2Z5, the most-active position on Paris-based Euronext, settled unchanged for a second straight session at 187.75 euros ($219.18) a metric ton, holding close to last Wednesday's contract low of 185.00 euros.

The euro EUR= fell for a second day as a deepening political crisis in France, following the collapse of its freshly named government, weighed on the European currency. FRX/

Strength in the dollar =USD curbed Chicago wheat Wv1, which eased back towards contract lows. GRA/

US DATA LACKING AND EXPECTED AID FOR AMERICAN FARMERS

"Wheat is not going anywhere for now," said Andrey Sizov, head of consultancy Sovecon. "The weak euro helped Matif (Euronext) a bit."

Traders said the lack of impetus partly reflected reduced availability of U.S. data, due to a government shutdown, and caution before an expected announcement this week of aid for U.S. farmers affected by stalled Chinese demand caused by the trade war between Washington and Beijing.

The wheat market was also seeking more indications of export demand after importer activity last week helped prices to steady in the face of rising global supply.

Firm export prices in Russia and Europe since last month contrasted with weakness in futures and suggested demand may be picking up, Sizov said.

In France, traders were watching to see if competitive French prices could attract more demand after talk last week of fresh sales to Morocco.

French soft wheat exports to Morocco could rise to 3.5 million tons in 2025/26, or two-thirds of the North African country's expected imports, French grain industry group Intercereales said on Tuesday.

Traders said less competitive than usual Black Sea prices have helped reinforce France's position in its biggest overseas wheat market.

But they said Intercereales' projection appeared ambitious given the potential for stiff competition later this season, including from a bumper harvest expected in Argentina.

Weekly European Union data showed the bloc's soft wheat exports so far this season were down 25% from a year ago at 5 million tons, though figures for France remained incomplete.

France's customs service has said that a technical problem affecting transmission of data to the European Commission has been resolved and that it is catching up on delayed data.

($1 = 0.8566 euros)