World Commodities - Euronext wheat futures edge higher.

• Author: Kazmi, S. Kamal Hayder
• Position: Brief article

Byline: S. Kamal Hayder Kazmi

Euronext wheat futures edged higher on Thursday in step with Chicago prices as worries about the impact of torrential rain on US grain belts continued to drive the market. Front-month September milling wheat on the Paris-based Euronext exchange unofficially closed 0.25 euro, or 0.1 percent, higher at 175.25 euros ($195.86) a tonne, steadying after a drop in the previous session. However, the contract pared earlier gains as a rebound in Chicago wheat faltered, with the Paris benchmark remaining...