Tuesday, April 30, 2013

EPIC AGRI COMMODITY UPDATE:WHEAT

Wheat  trading range for the day is 1468-1484.
Wheat gains on talks that the northern state of Punjab was thinking of raising prices at which it buys wheat from local growers
Indian procurement agencies have procured 17.11 million tonnes of wheat, up almost 12.50% from the last year.
Global 2012/13 production is nearly unchanged, but notable changes are made for some countries.
In Delhi wheat prices dropped -5.55 rupee to end at 1450 rupees per 10 kg.

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