Spot wheat down as supplies rise in Madhya Pradesh.

Prices of wheat fell in the benchmark market of Indore. Madhya Pradesh as harvesting is at its peak in the state, with high supplies of the grain in markets Arrivals in Madhya Pradesh were higher today at 300,000-400,000 bags (1bag=100kg), up from 100,000 bags the previous day. Around 20,000 bags of wheat arrived in Delhi markets. The May wheat contract on the NCDEX fell marginally down 0.1% from the previous close. On the CBOT, wheat futures fell nearly 1% on subdued demand.