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EU wheat hits new 19-month lows after CBOT fall, low Egypt offer

Pressured by low offers at Egypt's import tender with uncertainty prevailing on what to expect from a meeting to discuss the Black Sea grain export.
03.05.23 | Source: nasdaq

European wheat extended its losses on Tuesday to hit a new 19-month low, pressured by low offers at Egypt's import tender with uncertainty prevailing on what to expect from a meeting to discuss the Black Sea grain export corridor on Wednesday.


Prices were also weakened by a sharp fall on the Chicago Board of Trade on Monday when Euronext was closed due to a public holiday in parts of Europe, traders said. GRA/

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