India Wheat slips on ample stocks.

Wheat prices slipped by Rs 15 per quintal at the wholesale grains market today on the back of adequate stocks position against reduced offtake by flour mills. However, other grains held steady in thin trade. Besides reduced offtake by flour mills, sufficient stocks position on increased arrivals from producing belts, led to decline in wheat prices. In the national capital, Wheat dara (for mills) fell by Rs 15 to Rs 1,985-1,990 per quintal. Atta chakki delivery followed suit and traded lower by a similar margin to Rs 1,990-2,000 per 90 kg.