Euronext Wheat Prices Bounce Back from Three-Week Low
Euronext wheat prices rose on Monday after hitting a nearly three-week low.
The December contract, the most-active position on Paris-based Euronext, closed up 2% at €232.75 ($267.78) per metric ton.
The contract's decline was offset by ongoing war risks to Black Sea grain trade and declining oil prices.
A recovery in Chicago wheat and a weaker euro also provided support to Euronext prices.