Paris wheat pushed up by rising crude oil prices, weaker euro

HAMBURG: European wheat futures in Paris rose on Monday, supported by a sharp rise in crude oil prices while export-positive euro weakness also underpinned prices.

Dealers were positioning ahead of a week expected to have major news, with new world grain supply and demand forecasts from the US Department of Agriculture (USDA) on Tuesday and US President Donald Trump visiting China this week for talks expected to include Chinese purchases of US farm products, including soybeans.