# EU wheat stuck at one-month low as traders weigh harvest, demand - Markets - Business Recorder

> Front-month September Euronext milling wheat closed down 0.4% at 179.00 euros a tonne, its lowest since June 30. Traders weighed the French harvest cut against expected Russian supplies and Black Sea offers in an Egyptian tender. A stronger euro against the dollar added pressure.

- Date: 2020-08-05 · published 2020-08-05T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/51574-eu-wheat-stuck-at-one-month-low-as-traders-weigh-harvest-demand-markets
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Routine price moves reflect ongoing competition between a smaller EU crop and larger Black Sea supply, with no decisive new shift in the balance.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40010018

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