date:Jul 17, 2014
European wheat futures hit a contract low on Monday, extending last week's losses on bearish supply data, as forecasts for drier weather in France also weighed on prices. Paris futures were lower after the US Department of Agriculture's (USDA) monthly supply-and-demand report confirmed ample supplies in its update on Friday. Euronext November milling wheat was down 2 euros or 1.1 percent at 178.50 euros a tonne at 1544 GMT, having earlier dipped to a contract low of 178.00 euros.
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