# EU wheat firm supported by Egypt tender, weaker euro - Markets - Business Recorder

> Euronext September milling wheat settled 0.5% higher at 358.50 euros a tonne on June 30, 2022, rebounding from a three-month low. Traders said an Egyptian GASC tender showed competitive offers of French wheat, while a weaker euro boosted export sentiment amid curbed Ukrainian and Russian supplies.

- Date: 2022-06-30 · published 2022-06-30T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/40979-eu-wheat-firm-supported-by-egypt-tender-weaker-euro-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Competitive French offers into Egypt and a weaker euro improve EU export competitiveness, providing modest support to wheat prices as the new export season begins.

## Read by commodity

- WHEAT: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-03 | [Euronext front-month wheat futures higher - Markets - Business Recorder](https://feedsoft.ai/events/5827-euronext-front-month-wheat-futures-higher-markets-business-recorder.md) | +0.3% | +12.4% |
| WHEAT | 2021-08-30 | [Russian wheat export prices up - Markets - Business Recorder](https://feedsoft.ai/events/45619-russian-wheat-export-prices-up-markets-business-recorder.md) | +0.2% | +0.5% |
| WHEAT | 2024-10-20 | [Dry weather and Russian export concerns lift wheat - Markets - Business Recorder](https://feedsoft.ai/events/27908-dry-weather-and-russian-export-concerns-lift-wheat-markets-business-recorder.md) | -1.1% | -1.9% |
| WHEAT | 2025-09-30 | [Russian wheat export prices rise on import demand - Markets - Business Recorder](https://feedsoft.ai/events/22955-russian-wheat-export-prices-rise-on-import-demand-markets-business-recorder.md) | +0.4% | +5.9% |
| WHEAT | 2020-09-23 | [Taiwan buys 91,300 tonnes wheat of US-origin - Markets - Business Recorder](https://feedsoft.ai/events/51176-taiwan-buys-91-300-tonnes-wheat-of-us-origin-markets-business-recorder.md) | +5.5% | +10.8% |
| EURUSD | 2021-02-03 | [Euronext front-month wheat futures higher - Markets - Business Recorder](https://feedsoft.ai/events/5827-euronext-front-month-wheat-futures-higher-markets-business-recorder.md) | +0.7% | +0.4% |
| EURUSD | 2024-11-06 | [Trade war would weigh on Europe's already weak outlook, ECB warns](https://feedsoft.ai/events/5810-trade-war-would-weigh-on-europe-s-already-weak-outlook-ecb-warns.md) | -3.2% | -3.2% |
| EURUSD | 2019-11-08 | [Euro hits lowest in three weeks as dollar gains from trade optimism](https://feedsoft.ai/events/56283-euro-hits-lowest-in-three-weeks-as-dollar-gains-from-trade-optimism.md) | +0.0% | +0.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40183390

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.