Commodity picks: 28 September, 2020

Wheat

Wheat is trading at Rs 1,786 per quintal in Delhi. The prices is expected to trade lower towards Rs 1,700 per quintal in a couple of weeks following record stocks across the value chain and subdued demand in the open market.

Soybean

Soybean is trading at Rs 3,908 per quintal at the benchmark Indore markets. For the week ahead, the price is expected to see mildly bearish trend amid pressure because of new crop arrival. The price is expected to head towards Rs 3,860-3850 per quintal.

Prerana Desai, Research head, Edelweiss Agri Services and Credit

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sun, September 27 2020. 23:55 IST

read the full story about Commodity picks: 28 September, 2020

#theheadlines #breakingnews #headlinenews #newstoday #latestnews #aajtak #ndtv #timesofindia #indiannews