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Latest wheat market price today in Madhya Pradesh and Uttar Pradesh on (14 October, 2024)

Wheat price
Wheat price

Wheat is a key crop in Indian agriculture, with its market prices fluctuating regularly. On October 14, 2024, the wheat prices in the mandis (markets) of Madhya Pradesh and Uttar Pradesh saw both stability and an upward trend. This is good news for farmers, as they are receiving prices above the Minimum Support Price (MSP). Let’s take a look at the situation in the major mandis of these states and find out where farmers are getting the best prices.

Wheat price in Madhya Pradesh:

Wheat price today in Ashoknagar: Ashoknagar Mandi recorded an arrival of 7.9 tons of wheat today. The minimum, maximum, and average (modal) prices remained stable at ₹2,475 per quintal. These prices are higher than the government's MSP of ₹2,275 per quintal, providing farmers with a fair return for their produce.

Wheat rate today in Bakswaha: Bakswaha Mandi, 23 tons of mill-quality wheat arrived. The minimum price was ₹2,550 per quintal, and the maximum price was ₹2,570 per quintal. This indicates that high-quality wheat in Bakswaha is fetching better prices, benefiting the farmers.

Wheat market price in Uttar Pradesh:

Wheat rate today in Baburala: Baburala Mandi received 35 tons of Dara variety wheat. The minimum price was ₹2,710 per quintal, while the maximum price was ₹2,730 per quintal, with an average price of ₹2,720 per quintal. These high prices indicate strong demand in Baburala Mandi, allowing farmers to get better returns for their produce.

Wheat price in Hargoan (Laharpur): Hargoan (Laharpur) Mandi recorded an arrival of 34 tons of Dara variety wheat. The minimum price was ₹2,690 per quintal, and the maximum price was ₹2,700 per quintal, while the average (modal) price stood at ₹2,695 per quintal. Wheat prices remained stable in this mandi, providing satisfactory returns to farmers.

Conclusion: Overall, on October 14, 2024, wheat prices in the mandis of Madhya Pradesh and Uttar Pradesh remained above the MSP. This is a positive sign for farmers, as they are getting fair prices for their crops. If demand continues to stay strong, prices may rise further in the coming days.

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