Wheat futures edge higher by on speculative buying

Wheat prices were up 0.39 per cent to Rs 1,783 per quintal in futures trade today as speculators built up fresh bets.

At the National Commodity and Derivatives Exchange, wheat for delivery in April was trading lower by Rs 7, or 0.39 per cent to Rs 1,783 per quintal with an open interest of 1,110 lots.

Analysts attributed the rise in wheat futures to fresh positions created by traders.