Latest Wheat market price today in Rajasthan and Gujarat (07 October, 2024)

Agricultural markets in India have always been crucial for both farmers and traders, especially for staple crops like wheat. In this article, we provide the latest wheat price information from major markets in Rajasthan and Gujarat as of October 7, 2024, to help farmers and traders better understand the market conditions. Let's take a look at the current prices and compare them across these markets.

Wheat market price in Rajasthan:

Kapasen Market: On October 7, 2024, the total wheat arrival in Kapasen market was 4 tons, consisting of Lokwan wheat. The minimum price recorded was ₹2,400 per quintal, and the maximum price was ₹2,600 per quintal. The average (model) price was ₹2,500 per quintal, significantly above the Minimum Support Price (MSP), indicating strong demand and farmer satisfaction.

Suratgarh Market: Suratgarh market, 1.7 tons of other wheat varieties were reported. The minimum price was ₹2,550 per quintal, and the maximum price reached ₹2,605 per quintal. The average (model) price stood at ₹2,575 per quintal, well above the MSP, ensuring farmers are receiving good returns.

Wheat mandi bhav in Gujarat:

Bhavnagar Market: Bhavnagar market, Gujarat, the total arrival of Lokwan wheat was 1 ton. The minimum price was ₹2,050 per quintal, and the maximum price reached ₹2,350 per quintal, with an average (model) price of ₹2,250 per quintal. This price is below the MSP, suggesting lower demand in this market.

Mangrol Market: Mangrol market, 2.5 tons of Lok-1 wheat arrived. The minimum price was ₹2,850 per quintal, and the maximum price was ₹2,925 per quintal. The average (model) price of ₹2,900 per quintal is significantly higher compared to other markets, indicating strong demand in this region.

Conclusion: On October 7, 2024, wheat prices varied significantly across key markets in Rajasthan and Gujarat. Prices in Kapasen and Suratgarh markets in Rajasthan were above the MSP, while Bhavnagar market in Gujarat recorded prices below the MSP. However, the Mangrol market in Gujarat saw the highest price at ₹2,925 per quintal, indicating strong demand in certain regions. It is crucial for farmers and traders to keep a close watch on local market prices before selling their crops to maximize profits.

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