# EU wheat pares gains after Chicago opens, weather concerns ease

> European wheat prices on Euronext pared early gains on June 27 as Chicago markets fell and weak export demand for French wheat weighed. Front-month September milling wheat was down 0.3% at 182.25 euros a tonne after a three-week high earlier in the week, as traders judged the heatwave likely too late to cause major damage.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/58535-eu-wheat-pares-gains-after-chicago-opens-weather-concerns-ease
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Traders see limited crop damage from the heat, so the price reaction is muted and weak export demand keeps the near-term bias soft for EU wheat.

## Read by commodity

- WHEAT: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/506051

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