There has been a Decline in Wheat Prices in Madhya Pradesh, Know Today Fresh Rates in the Market

In recent times, Madhya Pradesh has witnessed a significant decline in the prices of wheat, causing concern among farmers and stakeholders in the agricultural sector.

Wheat Market Rates in Bhopal: In Bhopal, between January 24 and January 30, there has been a major decline in wheat prices, ranging from ₹2651 to ₹2431 per quintal. Prices have seen a reduction of ₹220 per quintal. This decline, indicative of future market trends, presents challenges to wheat producers in the region.

Today Market Rate: Lokwan wheat ranges from a minimum of ₹2431 to a maximum of ₹2900 per quintal.

Wheat Market Rates in Ashoknagar:

Similarly, in Ashoknagar, during the same period, the prices of Sharbati wheat have decreased from ₹2500 to ₹2000 per quintal. Prices have seen a reduction of ₹500 per quintal.

Today's Market Rate: Fragrant Sharbati wheat, renowned for its aroma, is priced between ₹2930 to ₹4304 per quintal.

Wheat Market Rates in Chhindwara:

In Chhindwara, the prices of local wheat varieties have fallen from ₹2850 to ₹2400 per quintal between January 24 and January 30. Prices have seen a reduction of ₹450 per quintal.

Today's Market Rate: Local wheat is priced between ₹2400 to ₹2545 per quintal.

Wheat Market Rates in Mandsaur:

In Mandsaur, the prices of Lokwan wheat have decreased from ₹2680 to ₹2500 per quintal. Prices have seen a reduction of ₹180 per quintal.

Today's Market Rate: Lokwan wheat is priced between ₹2500 to ₹2680 per quintal.

Wheat Market Rates in Pipariya:

In Pipariya, the prices of Mill Quality wheat have dropped from ₹2515 to ₹2381 per quintal. Prices have seen a reduction of ₹134 per quintal.

Today Market Rate: Mill Quality wheat is priced between ₹2291 to ₹2445 per quintal, keeping in mind industrial buyers.

Wheat Market Rates in Berasia: Finally, in Berasia, Lokwan wheat has decreased in price from ₹2450 to ₹2380 per quintal. Prices have seen a reduction of ₹70 per quintal.

Conclusion: The decline in wheat prices, in various regions of Madhya Pradesh highlights the challenges of market uncertainties faced by farmers. Addressing these challenges requires a multi-faceted approach, including policy interventions, market reforms, and capacity-building initiatives to support farmers.