# Euronext wheat rises on tight supplies - Markets - Business Recorder

> Euronext front-month March milling wheat settled up 3.7% at 237.50 euros a tonne on February 21, nearing a 7.5-year high. Tenders from Pakistan and Tunisia and big export loadings tightened European supplies, while Russia's planned export taxes cast doubt on Russian shipments.

- Date: 2021-02-21 · published 2021-02-21T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/48675-euronext-wheat-rises-on-tight-supplies-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tight European supplies and uncertainty over Russian exports lift global wheat values, supporting feed wheat and barley costs.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40066268

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