Wheat market prices today in Bihar and Madhya Pradesh (14 November, 2024)

Wheat production and pricing are critical factors for both farmers and buyers in India. The wheat prices in major markets of Bihar and Madhya Pradesh on November 14, 2024, showed stability, offering insight into the current market conditions for farmers. Here's the latest market update for these regions.

Wheat Prices in Bihar:

Barbigha Market: Barbigha market, 13 tons of "147 Average" variety wheat were received. The minimum price was ₹2750 per quintal, the maximum price was ₹2950 per quintal, and the average price stood at ₹2850 per quintal. This pricing indicates a reasonable rate for both farmers and traders.

Sheikhpura Market: Sheikhpura market, 12 tons of "147 Average" wheat were delivered. The pricing here was identical to Barbigha, with a minimum of ₹2750 per quintal, a maximum of ₹2950 per quintal, and an average price of ₹2850 per quintal, making it a fair market rate.

Wheat rate in Madhya Pradesh:

Kukshi Market: In Madhya Pradesh’s Kukshi market, 8 tons of "Lokwan" variety wheat were traded. The price for this variety was ₹2775 per quintal. The demand for Lokwan variety was higher, and the price is considered beneficial for the farmers in the region.

Satna Market: Satna market recorded 20.1 tons of wheat arrival. The price of wheat here was ₹2700 per quintal. Despite the higher arrival, the prices remained stable, allowing farmers to secure a fair price for their produce.

Conclusion: The wheat prices in Bihar and Madhya Pradesh remained stable on November 14, 2024. The higher arrivals in Bihar's "147 Average" variety and Madhya Pradesh's "Lokwan" variety reflect steady demand. Farmers can use this information to choose the right time and market for selling their crops.

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