Thursday, April 11, 2013

EPIC AGRI COMMODITY UPDATE:WHEAT

Wheat  trading range for the day is 1391-1425.
Wheat dropped as prices seen under pressure with arrivals picking up in Uttar Pradesh.
Production in the year ending June may be higher than the 94.9 mn tonnes harvested a year earlier
The Food Corporation of India had 30.7m tons of wheat in central pool storage, up from 23.4m tons a year earlier.
In Delhi wheat prices dropped -44.45 rupee to end at 1450 rupees per 10 kg.

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