down 90 basis points to 21.3%). Management highlighted that increased raw material prices, particularly from higher durum wheat and snack nut costs, drove 4% inflation, and we don’t anticipate these pressures to abate in the near term.
* Slow progress raises doubts over CME's EU wheat entry (Adds details, background)
GENEVA, March 24 (Reuters) - CME Group said on Tuesday it could not yet confirm whether it would launch a European Union wheat contract as it is still to finalise details.
* China to buy more high-protein wheat to meet shortage -traders
* Yields below last year's record levels (Adds detail from paragraph three)
HAMBURG, March 12 (Reuters) - Unusually warm winter weather in western Europe means wheat has escaped major frost damage in leading producers, creating pre-conditions for a large harvest this summer, observers said on Friday.
* To drop No. 2 contract despite opening March 2018 futures (Recasts with Euronext commodities head, trader comment)
CHICAGO (Reuters) - Frigid temperatures likely caused spotty freeze damage to winter wheat in parts of the U.S. Plains early on Friday but two storms next week should bring beneficial moisture, an agricultural meteorologist said.
CHICAGO, Feb 26 (Reuters) - CME Group Inc in May plans to tweak its rules for determining daily price limits for wheat futures out of concern that existing procedures could potentially distort spread...
OSLO, Feb 26 (Reuters) - Stone Age Britons imported wheat about 8,000 years ago in a surprising sign of sophistication for primitive hunter-gatherers long viewed as isolated from European agriculture, a study showed on Thursday.