Wheat market prices today in Madhya Pradesh (12 December, 2024)

Today, December 12, 2024, the wheat markets in Madhya Pradesh experienced significant price fluctuations. This information is crucial for farmers, traders, and investors. The following report provides the latest wheat prices, arrivals at various mandis, and the key factors influencing these trends.

Wheat arrivals and Prices in Madhya Pradesh:

The following table provides detailed information on wheat arrivals and their prices across various mandis in Madhya Pradesh as of December 12, 2024:

Key Observations:

1. Chhindwara Mandi: Mill-quality wheat was priced between ₹2800 and ₹3170 per quintal, reflecting strong demand for high-quality wheat.
2. Dabra Mandi: Prices ranged from ₹2650 to ₹2750 per quintal.
3. Daloda Mandi: Witnessed the widest price variation, with a minimum price of ₹1500 and a maximum price of ₹3151.
4. Dewas Mandi: Recorded the highest arrivals (328.44 tons), with prices ranging from ₹2500 to ₹3126 per quintal.
5. Neemuch Mandi: Mill-quality wheat was sold at ₹2329 per quintal, which is below the Minimum Support Price (MSP).
6. Khujner Mandi: The narrowest price difference was observed, with prices between ₹2844 and ₹2847 per quintal.

Conclusion: Wheat prices in Madhya Pradesh mandis displayed significant variation, driven by factors like quality and availability. In some markets, prices fell below the Minimum Support Price, raising concerns for farmers. Conversely, mill-quality and high-grade wheat fetched relatively better prices. The government needs to address these price disparities by implementing effective marketing policies, promoting exports, and adopting measures for price stabilization. Ensuring fair prices for farmers is essential for a sustainable agricultural economy.

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