Wheat eases on ample stocks

Wheat prices fell by Rs 15 per quintal at the wholesale grains market today on adequate stocks position on higher supplies from producing regions against reduced offtake by flour mills.
However, other grains including rice basmati held steady in scattered deals.
Traders said adequate stocks position in the face of increased arrivals from producing belts against reduced offtake by flour mills kept pressure on wheat prices.
In the national capital, wheat dara (for mills) declined by Rs 15 to Rs 1,625-1,630 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,630-1,635 per 90 kg.

Atta flour mills, maida and sooji were also settled lower at Rs 850-860, Rs 930-950 and Rs 980-990 from previous levels of Rs 860-870, Rs 950-970 and Rs 1,030-1,040 per 50 kg respectively.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 1,850-2,100, Wheat dara (for mills) Rs 1,625-1,630, Chakki atta (delivery) Rs 1,630-1,635, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs 850-860 (50 kg), Maida Rs 930-950 (50 kg) and Sooji Rs 980-990 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700, Basmati common new Rs 5,800-5,900, Rice Pusa (1121) Rs 4,600-5,600, Permal raw Rs 1,900-1,950, Permal wand Rs 2,075-2,125, Sela Rs 2,400-2,500 and Rice IR-8 Rs 1,775-1,800, Bajra Rs 1,600-1,605, Jowar yellow Rs 1,800-1,900, white Rs 3,400-3,500, Maize Rs 1,375-1,385, Barley Rs 1,540-1,545.