Wheat eases on adequate supply, reduced offtake

Wheat prices fell by Rs 20 per quintal at the wholesale market today due to reduced offtake by flour mills against adequate supplies.
However, bajra, jowar and maize ended higher on increased offtake by consuming industries.
Traders said fall in demand from flour mills against increased arrivals from producing belts mainly kept pressure on wheat prices.
In the national capital, wheat dara (for mills) declined by Rs 20 to Rs 1,675-1,680 per quintal. Atta chakki delivery followed suit and closed lower by the same margin to Rs 1,680-1,685 per 90 kg.
On the other hand, bajra, jowar yellow, white and maize ended higher at Rs 1,220-1,225,Rs 1,470-1,500, Rs 2,500-2,600 and Rs 1,405-1,410 as compared to previous levels of Rs 1,165-1,175,Rs 1,400-1,425, Rs 2,400-2,525 and Rs 1,350-1,355 per quintal respectively on increased offtake by consuming industries.

Following are today's quotations (in Rs per quintal):
Wheat MP (deshi) 2,270-2,670, Wheat dara (for mills) 1,675-1,680, Chakki atta (delivery) 1,680-1,685, Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill Rs 890-900 (50 kg), Maida 960-965 (50 kg) and Sooji 1000-1010 (50 kg).
Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice 9,500, Basmati common new 5,400-6,000, Rice Pusa (1121) 4,750-5,800, Permal raw 1,750-1,800, Permal wand 1,875-1,900, Sela 2,450-2,500 and Rice IR-8 1,575-1,625, Bajra 1,220-1,225, Jowar yellow 1,470-1,500,white 2,500-2,600, Maize 1,405-1,410, Barley 1,650-1,660.