European Wheat Prices Stabilize at Two-Week High
July 11, 202580 ViewsRead Time: 1 minutes
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European wheat prices stabilized on the Euronext exchange today, at their highest level in two weeks, as traders assess export delays from Russia, which caused prices to rise on Thursday.
The exchange also received support from the continued decline of the euro against the dollar from its highest level in three and a half years.
It had earlier reached its highest levels since June 24th when it hit 202.75 euros, surpassing the peak of the previous two weeks on Thursday when the contract rose by over two percent.
The exchange also received support from the continued decline of the euro against the dollar from its highest level in three and a half years.
It had earlier reached its highest levels since June 24th when it hit 202.75 euros, surpassing the peak of the previous two weeks on Thursday when the contract rose by over two percent.
