Paris wheat slightly lower as US rain drama continues.
Byline: S. Kamal Hayder Kazmi
Paris wheat futures closed slightly lower on Wednesday, retreating from an earlier 4-1/2 month high as a weather-related rally in US grains lost momentum. Front-month September milling wheat on Euronext settled 0.50 euros, or 0.3percent, lower at 184.25 euros ($205.18) a tonne.
It earlier climbed nearly 3percent to its highest since early January at 190.00 euros, before later falling as low as 181.50 euros, meaning the contract had traded in an...
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