EU wheat hits fresh lows on export doubts.


Euronext wheat futures fell to new contract lows on Wednesday as ample international supplies and sluggish activity on the French market dampened export prospects. Benchmark December milling wheat on Paris-based Euronext settled down 0.50 euro at 169.75 euros ($188) a tonne.

It earlier touched a new life-of-contract low at 169.00 euros, below a previous low of 170.25 euros struck on Tuesday. A new three-month low for Chicago wheat added to technical pressure on Paris futures. Expectations of large global supplies have weighed on wheat markets, with tepid west European exports increasing...

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