Wheat down 0.67% on hopes of bumper crop

Production goes up during cold weather

Wheat futures for February fell by Rs 10, or 0.67%, to Rs 1,488 per quintal in 10,200 lots.

At the National Commodity and Derivatives Exchange, the January contract shed Rs 6, or 0.39%, to Rs 1,539 per quintal in 1,890 lots.

Speculators reducing their positions on hopes of a bumper crop affected trade.