EU wheat knocked down by strong euro despite firm U.S. markets.

European wheat fell to a one-month low after a four-day Christmas break, pressured by the rise of the euro hampering European wheat’s competitiveness on world markets and shrugging off a rise on U.S. markets. Egypt bought 180,000 tonnes of Russian wheat earlier in the day. Offers placed at the tender showed that all were for Russian wheat, except for one cargo of Romanian wheat.