In a range-bound trading, wheat futures traded Rs 3, or 0.24 per cent lower, at Rs 1,252.60 per 100 kg today on ample stocks at spot markets.
At the National Commodity and Derivatives Exchange counter, wheat for delivery in September contract fell by Rs 3, or 0.24 per cent, to Rs 1,252.60 per 100 kg, with an open interest of 29,270 lots.
It ended 0.08 per cent down at Rs 1,255.60 per 100 kg in the previous session.
Similarly, the delivery of August contract remained down by Rs 2.20, or 0.18 per cent, to Rs 1,230 per 100 kg, with an open interest of 9,090 lots.
Analysts attributed the fall in wheat futures prices to adequate stocks in the spot markets amid bumper crops in this season.