Wednesday, September 25, 2013

EPIC AGRI COMMODITY UPDATE:WHEAT


Wheat trading range for the day is 1558-1578.
Wheat ended with losses on the account of weak export demand along with weak demand at higher levels
Wheat stocks in central pool was 38.36 mn tons significantly lower than previous year's 46.16 mn tons.
The increase in world wheat supplies and slightly lower consumption raise projected world ending stocks.

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