EU wheat edges lower in light trade on first day of the year
PARIS, Jan 2 (Reuters) - European wheat started the year in negative territory in the wake of Chicago but volumes were thin with many operators absent for a long New Year break.
Benchmark March milling wheat BL2H6 on Paris-based Euronext, closed 0.4% lower at 189.00 euros ($221.73) a metric ton.
Chicago wheat Wv1 was down 0.2% by the same time.
Wheat futures have been pressured by global oversupply, shrugging off any support from escalation in the Russia-Ukraine war and lack of progress on peace talks.
Prices at 1730 GMT |
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|
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| Last | Change | Pct Move |
Paris wheat BL2c1 | 189.00 | -0.75 | -0.40 |
Paris maize EMAc1 | 187.50 | -0.75 | -0.40 |
Paris rapeseed COMc1 | 452.25 | -1.00 | -0.22 |
CBOT wheat Wv1 | 506.00 | -1.00 | -0.20 |
CBOT corn Cv1 | 438.00 | -2.25 | -0.51 |
CBOT soy Sv1 | 1044.50 | -3.00 | -0.29 |
Euro/dlr EUR= | 1.17 | 0.00 | -0.10 |
Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per tonne | |||
($1 = 0.8524 euros)
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