Wheat gains on strong demand

Wheat yesterday traded with the positive node and settled 0.58% up at 1148 due to firm spot market. Despite expectations of a bumper crop, wheat purchases by the Food Corporation of India have declined sharply in the first couple of weeks of the buying season. In the current season, the agency has procured 2.61 lakh tonnes so far this year compared to 3.89 lakh tonne in the same period last

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