On August 13, 2024, wheat prices exhibited considerable variation across markets in different states. This report provides a detailed analysis of wheat arrivals, types, and prices in various markets. Here’s a summary of the wheat prices observed in different locations:
Wheat Price in Basi: Today market price in Basi for 0.3 tons of other varieties of wheat remained steady at ₹2,514 per quintal. Prices in Basi are above the Minimum Support Price (MSP).
Wheat Price in Kapasana: Kapasana market saw an arrival of 0.7 tons of Lokvan wheat today. Prices ranged between ₹2,300 and ₹2,500 per quintal, with an average price of ₹2,400 per quintal.
Wheat Price in Sikar Today: Sikar market, 1 ton of other varieties of wheat arrived today. Prices remained stable at ₹2,250 per quintal, which is below the MSP. This may indicate an oversupply or reduced demand in the region.
Wheat Rate in Bagasra: Bagasra market saw an arrival of 1.9 tons of Lokvan wheat today. Prices ranged between ₹2,700 and ₹2,765 per quintal, with an average price of ₹2,732 per quintal.
Wheat Rate in Dhoraji: Dhoraji market reported an arrival of 4.4 tons of Lokvan wheat today. Prices ranged between ₹2,475 and ₹2,790 per quintal, with an average price of ₹2,705 per quintal.
Wheat Price in Dhrol: Dhrol Market had an arrival of 7 tons of other varieties of wheat today. Prices ranged between ₹2,300 and ₹2,680 per quintal, with an average price of ₹2,490 per quintal.
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Conclusion: On August 13, 2024, significant differences in wheat prices were observed across various states and markets. Wheat prices in Gujarat are higher than the MSP, while in Rajasthan, prices at some locations are below the MSP. This data helps in understanding how wheat pricing varies based on demand, supply, and types in different regions.
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