Heavy Surge in Wheat Price today (22 May 2024) in Madhya Pradesh

Recently, there has been a significant surge in wheat prices across various markets in Madhya Pradesh. This increase is a crucial indicator for both farmers and traders. In this report, we provide detailed information on wheat prices in different markets from May 15 to May 22, 2024.

Wheat price today in Raisen:

The Raisen market, the price of Lokwan wheat has seen a notable rise. On May 15, 2024, the price was ₹2465 per quintal, which increased to ₹3781 per quintal by May 22, 2024. This marks a substantial increase of ₹1316 per quintal for this particular variety of wheat.

Wheat price today in Ratlam: The price of local wheat in Ratlam has also risen. On May 15, 2024, it was ₹2650 per quintal, and by May 22, 2024, it had increased to ₹3192 per quintal. This represents an increase of ₹542 per quintal.

Wheat price today in Berasia: Berasia, the price of Sharbati wheat has shown an upward trend. On May 15, 2024, the price was ₹2250 per quintal, which increased to ₹2450 per quintal by May 22, 2024. This is an increase of ₹200 per quintal.

Wheat price today in Jabalpur: The local wheat prices in Jabalpur have also increased. On May 15, 2024, the price was ₹2250 per quintal, which rose to ₹2410 per quintal by May 22, 2024. This reflects a rise of ₹160 per quintal.

Wheat Price today in Dewas: Dewas, the price of local wheat has increased as well. On May 15, 2024, it was ₹2400 per quintal, which increased to ₹2700 per quintal by May 22, 2024. This indicates a rise of ₹300 per quintal.

Wheat price today in Ashoknagar: Ashoknagar, the price of Sharbati wheat was ₹2805 per quintal on May 15, 2024, and it increased to ₹3435 per quintal by May 22, 2024. This represents a significant rise of ₹630 per quintal.

Wheat price today in Indore: Indore fruit and vegetable market, the price of local wheat has seen a slight increase. On May 15, 2024, the price was ₹2401 per quintal, which rose to ₹2522 per quintal by May 22, 2024, marking an increase of ₹112 per quintal.

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Conclusion: There is a continuous rise in wheat price across various markets in Madhya Pradesh. This trend is beneficial not only for farmers but also serves as a crucial indicator for traders. The possibility of further increases in wheat prices in the future depends on market conditions.