You'll find wheat in almost every fish food - it's a binder. However, wheat should only be listed once. Some fish foods break wheat up into difference components in order to move them farther down the list, misrepresenting the abundance. Hikari is a perfect example of this, listing wheat THREE times. Too they have soy, corn and potato in there as fillers. LOTS of bad things in hikari.
I feed most days, enough pellets to maintain a colony of snails too. I've never bothered to count. Of course a quantity without a size specification doesn't really say anything. There's quite a difference between five 0.5 mm, 1 mm, and 2 mm pellets.