Wheat weakens on adequate supply

Wheat prices eased by Rs 5 per quintal at the wholesale grains market today on sufficient supplies against reduced offtake by flour mills.
However, other grains including rice continued to move in a narrow range on some support and settled at last levels.
Traders attributed the weakness in wheat prices to reduced offtake by flour mills against adequate supply.
In the national capital, wheat dara (for mills) declined by Rs 5 to Rs 1,545-1,550 per quintal, while atta chakki delivery held steady at Rs 1,555-1,560 per 90 kg.
Following are today's quotations per quintal:
Wheat, MP (deshi) 2,160-2,360, Wheat dara (for mills) 1,545-1,550, Chakki atta (delivery) 1,555-1,560 Atta Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 840-850 (50 kg), Maida 840-860 (50 kg) and Sooji 930-950 (50kg).

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new 8,800-9,200, Rice Pusa-(1121) new 7,500-9,200, Permal raw 2,175-2,225, Permal wand 2,225-2,325, Sela 2,750-2,850 and Rice IR-8- 1,800-1,850, Bajra 1,300-1,305, Jowar yellow 1,475-1,500, white 2,325-2,525, Maize 1,330-1,340, Barley 1,350-1,360, Rajasthan 1,080-1,090.