# Euronext wheat rebounds after 3-month low - Markets - Business Recorder

> Euronext September milling wheat settled up 3.00 euros, or 1.7%, at 179.25 euros a tonne on Monday, rebounding from a three-month low. Chicago wheat rose about 2% after a near 10-month low ahead of USDA acreage and stocks data.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/52644-euronext-wheat-rebounds-after-3-month-low-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Europe's harvest is expected to be smaller, including in France, which could limit downside, but traders see little weather premium, so the bounce is modest for feed wheat pricing.

## Read by commodity

- WHEAT: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40002068

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