Spot Market Update: Wheat Steady In Positive Territory

Wheat prices are drifting higher today, underpinned by a halfhearted effort from the bulls, who looked a little tired from last couple of days. Traders have shown some buying interest interest despite of stock liquidation plan by government. The government plans to liquidate 7-8 million tonnes of fresh wheat in the open market at Rs 1,890 per quintal rate to cater domestic demand.