Wheat, other grains remain steady

Posted By: Religare
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Wheat, other grains remain steady
On May 21, 2011, the prices of wheat and other grains carried on trading at the last levels in the wholesale grains market.

The quotations in Rs per quintal are wheat MP (deshi) which stood at Rs 1,600-1,750, wheat dara (for mills) at Rs 1,195-1,200, chakki atta (delivery) at Rs 1,200-1,205, atta Rajdhani (10 kg) at Rs 175, Shakti bhog (10 kg) at Rs 175, Roller flour mill at Rs 660-680 (50 kg), Maida at Rs 720-750 (50 kg) and Sooji stood at Rs 750-770 (50 kg).

Similarly, basmati rice (Lal Quila) stood at Rs 9,500, Shri Lal Mahal at Rs 9,300, super basmati rice at Rs 9,000, Basmati common at Rs 5,300-5,400, rice Pusa-(1121) at Rs 4,200-5,200, Permal raw at Rs 1,825-1,875, Permal wand at Rs 2,000-2,100, Sela at Rs 2,100-2,150 and Rice IR stood at Rs 8 1,700-1,725.

The bajra stood at Rs 1030-1040, Jowar yellow at Rs 1,050-1,120, white at Rs 1,850-1,895, Maize at Rs 1,235-1,245, Barley at Rs 1,425-1450 and Rajasthan stood at Rs 1,080-1,090.

Moreover, the lack of worthwhile activity in the midst of the sufficient stocks holdings due to the arrivals of new crop also supported the prices.

Wheat is a grass, originally from the Fertile Crescent region of the Near East, but now cultivated worldwide.

In 2007 world production of wheat was 607 million tons, making it the third most-produced cereal after maize (784 million tons) and rice (651 million tons).

Globally, wheat is the leading source of vegetable protein in human food, having higher protein content than either maize (corn) or rice, the other major cereals.

Read more about: wheat, commodities, maize, rice
Story first published: Monday, May 23, 2011, 13:30 [IST]
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