# Euro, export news help EU wheat withstand Chicago slide

> Euronext wheat futures edged lower on October 24 despite a sharp drop in Chicago. A weaker euro and encouraging export news for French wheat helped prices hold a key support level.

- Date: 2018-10-24 · published 2018-10-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/62579-euro-export-news-help-eu-wheat-withstand-chicago-slide
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Export demand for French wheat supports European prices, partly offsetting weakness from Chicago and keeping the global wheat complex firm.

## Read by commodity

- WHEAT: neutral
- EURUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/article/world/africa/euro-export-news-help-eu-wheat-withstand-chicago-slide-idUSL8N1X47AE/

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