Wheat declines on increased supply

Wheat prices declined by Rs 5 per quintal at the wholesale grains market today due to increased supplies from growing states against reduced offtake by flour mills.
Bajra, maize and barley also declined owing to subdued demand.
Traders said arrivals of new crop from producing areas against reduced offtake by flour mills mainly kept pressure on wheat prices.
In the national capital, wheat dara (for mills) declined by Rs 5 to Rs 1,515-1,525 per quintal. Atta chakki delivery followed suit and traded lower by the same margin to Rs 1,525-1,530 per 90 kg.
Other bold grains, like bajra, maize and barley also eased to Rs 1,290-1,295, Rs 1,380-1,390 and Rs 1,330-1,340 against last close of Rs 1,295-1,305, Rs 1,395-1,400 and Rs 1,340-1,350 per quintal, respectively.

Following are today's quotations per quintal:
Wheat, MP (deshi) 2,115-2,315, Wheat dara (for mills) 1,515-1,525, Chakki atta (delivery) 1,525-1,530 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 830-850 (50 kg), Maida 840-850 (50 kg) and Sooji 900-925 (50kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 9,200-9,500, Rice Pusa-(1121) new 8,000-9,600, Permal raw 2,200-2,250, Permal wand 2,250-2,350, Sela 2,800-2,900 and Rice IR-8- 1,850-1,900, Bajra 1,290-1,295, Jowar yellow 1,475-1,500, white 2,300-2,500, Maize 1,380-1,390, Barley 1,330-1,340, Rajasthan 1,080-1,090.