Western European wheat prices steady
date:Mar 17, 2014
Western European wheat prices were steady on Friday as the market consolidated below a near one-year high, with traders awaiting next developments in a standoff between Ukraine and Russia. Worries that tensions between the Black Sea grain exporters could disrupt shipments and spring sowing had fuelled a wave of buying on wheat markets, before resistance on price charts and widespread belief that the rally was overdone led to a price slide on Thursday.

Fresh gains in Chicago on Friday then help
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