Paris-based Euronext milling wheat futures fell to a nearly two-year low in early trade on Friday, pressured by a lack of demand and strong competition from cheap Black Sea origins.

Benchmark December wheat hit 220.75 euros ($240.77) per tonne at 0953 GMT, a price unseen since late December 2021. ($1 = 0.9168 euros) (Reporting by Sybille de La Hamaide; Editing by Sharon Singleton)