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On October 26, 2024, fluctuations in wheat market prices were observed across various markets in Bihar. For farmers and traders, staying updated on market trends is crucial to get the best possible prices for their produce. In this report, we look at the current prices in key markets—Barbigha, Muzaffarpur, and Sheikhpura—and examine the factors behind these price changes.
In Barbigha, a total arrival of 12 tons of wheat was recorded. The minimum price here stood at ₹2,700 per quintal, while the maximum price reached ₹2,900 per quintal, with an average price of ₹2,800 per quintal, slightly higher than other markets in the region.
Muzaffarpur saw a significant arrival of 190 tons of wheat. The minimum price was recorded at ₹2,560 per quintal, and the maximum at ₹2,780 per quintal. The average price in Muzaffarpur was around ₹2,650 per quintal, slightly lower due to the larger supply.
Today’s Wheat Market Price in Sheikhpura: In Sheikhpura, 21 tons of wheat arrived at the market. Here, the minimum price was ₹2,700 per quintal, and the maximum reached ₹2,900 per quintal. The average price in Sheikhpura was ₹2,800 per quintal, mirroring Barbigha’s price trend.
Advice for Farmers : Farmers should stay informed about market prices and plan to sell their crops at optimal times. This practice can help them secure better returns.
Conclusion: On October 26, 2024, there was notable variation in wheat prices across markets in Bihar. Barbigha and Sheikhpura offered the highest prices, while Muzaffarpur's prices were relatively lower due to higher wheat inflows.
Read More... Wheat Rate Today (13 June 2024) In Madhya Pradesh
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