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Markets

EU wheat slides 3pc on US fall, macro fears

PARIS : European wheat futures fell 3 percent in opening trade on Monday to approach a three-month low, hit by weaker U
Published Updated

wheatPARIS: European wheat futures fell 3 percent in opening trade on Monday to approach a three-month low, hit by weaker US prices and economic fears, traders said. By 0853 GMT, benchmark November milling wheat on the Euronext exchange was down 4.75 euros or 2.43 percent at 191.00 euros a tonne.

It earlier fell to 189.25 euros, just above a three-month low of 188 euros seen on Thursday.

 

Copyright Reuters, 2011

 

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