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Paris wheat hits nearly two-year low in early trade

Paris-based Euronext milling wheat futures fell to a nearly two-year low in early trade on Friday, pressured by a lack of demand and strong competition from cheap Black Sea origins.

Benchmark December wheat BL2Z3 hit 220.75 euros ($240.77) per tonne at 0953 GMT, a price unseen since late December 2021.
Source: Reuters (Reporting by Sybille de La Hamaide; Editing by Sharon Singleton)

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