Expectation of further rise in wheat prices

Wheat sowing has started in the current month, in which at least 2 lakh metric tonnes of seed will be consumed. Its all-round buying has increased. Apart from this, the local and running demand has started increasing in the producer markets as well in the lower prices. This is the reason why the market has stagnated. Government goods are also not going to be sold cheaply, in all these situations there is no risk in wheat at the present price.

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