Wheat: trading seen profitable - 11 June, 2016

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Wheat is witnessing an uptrend due to the lower producing. Wheat procurement by the government has been about 230 lakh tonne so far which is 48 lakh tonne low compared to the last year.
So this season the government is far away from the target of wheat procurement. In Delhi, wheat rose by Rs 10 to Rs 1790 / 1800 and it is likely to increase further in the coming days.

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