EU Wheat Ends Narrowly Mixed

EU wheat futures closed the day narrowly mixed Monday with Paris November milling wheat up EUR1.25 at EUR142.25/tonne, and November London milling wheat ending up GBP0.10 at GBP90.50/tonne.

Outside markets helped to stem the recent downwards flow, but with underlying fundamentals still bearish wheat found it difficult to put in any kind of sustained rally.

In London much of the focus was on the approaching first tender day for the November contract.