Paris wheat hits six-week high, then falls back.

Paris wheat futures fell in the face of technical resistance after earlier hitting a six-week high, with weak near-term export demand for EU wheat capping prices. December milling wheat on the Paris-based Euronext exchange was down 1.0 euro, or 0.4 percent, at 203.50 euros ($235.88) a tonne. Euronext prices also faced pressure from export-punishing strength of the euro against the dollar, although a slight rise for Chicago wheat lent some support. Forecasts of lower global wheat supplies after a series of weather-damaged harvests worldwide, together with dry conditions for wheat sowing in western Europe, continued to underpin the market. But near-term export activity at French ports remained light, even though traders expects exports to pick up later in the season as supplies in top exporter Russia ebb.