EU wheat hits one-month low

PARIS, June 8 (Reuters): Euronext wheat dropped to a one-month low on Friday as news that Turkey will halt imports sparked demand fears and added to selling pressure after a slide this week.

The demand setback further shifted attention away from weather risks in Russia, where a hot, dry spell could lead analysts to further reduce harvest forecasts.

Benchmark September wheat BL2U4 on Paris-based Euronext settled 3% down at 243.75 euros ($263.42) per tonne.

It earlier fell as much as 4.1% to 241.00 euros, its lowest level since May 8.

"It's the Turkey effect," one futures dealer said. Turkey will halt wheat imports from June 21 until at least Oct. 15 to protect domestic producers, the agriculture ministry said.