# Paris wheat, rapeseed ease after highs - Markets - Business Recorder

> Euronext wheat eased from a life-of-contract high after a rally driven by strong export demand, rumoured French wheat sales to China, and higher energy costs. December milling wheat settled 0.6% lower at 276.50 euros a tonne, and Chicago futures also weakened.

- Date: 2021-10-21 · published 2021-10-21T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/44483-paris-wheat-rapeseed-ease-after-highs-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Profit-taking after a sharp rally leaves European wheat prices high, and buyers may see some demand shift from wheat to maize as feed prices rise.

## Read by commodity

- WHEAT: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40128235

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