European wheat prices dipped, shrugging off a rise in Chicago, as traders booked profits after two days of sharp gains. December milling wheat on Paris-based Euronext, closed 0.8 percent lower at 160.25 euros a tonne. It had risen to a two-week high of 163.25 euros on 31 august. There is a feeling that there are more things pointing to a bearish market than supportive elements.