Farmers, if your wheat harvest is ready and you're wondering whether to sell now or wait a little longer, this mandi report is a must-read for you. Today, wheat prices in major mandis of Madhya Pradesh witnessed sharp fluctuations.
While mandis like Indore, Tikamgarh, Niwari, and Sendhwa saw prices shooting up to ₹2701 per quintal, several places recorded wheat being sold below the MSP of ₹2425/quintal. This price variation clearly highlights the influence of location, quality, and local demand on market rates.
In This Report:
Let’s dive into today’s wheat rates across Madhya Pradesh and decide – is it the right time to sell or should you wait a bit longer?
Mandi Name | Arrivals (in tons) | Variety | Min Price (₹/quintal) | Max Price (₹/quintal) |
Indore | 2.65 | Mill Quality | ₹ 2,690 | ₹ 2,701 |
Ratlam | 7.2 | Wheat | ₹ 2,200 | ₹ 2,255 |
Burhanpur | 27 | Wheat | ₹ 2,000 | ₹ 2,100 |
Chakghat | 7 | Mill Quality | ₹ 2,450 | ₹ 2,450 |
Chaurai | 4.06 | Wheat | ₹ 2,500 | ₹ 2,580 |
Gautampura | 4.02 | Wheat | ₹ 2,550 | ₹ 2,510 |
Satna | 5 | Wheat | ₹ 2,400 | ₹ 2,500 |
Gohad | 3 | Mill Quality | ₹ 2,430 | ₹ 2,450 |
Katni | 12.6 | Mill Quality | ₹ 2,475 | ₹ 2,480 |
Khargapur | 7.2 | Mill Quality | ₹ 2,400 | ₹ 2,468 |
Lakhnadon | 8.5 | Mill Quality | ₹ 2,290 | ₹ 2,301 |
Niwari | 42.9 | Mill Quality | ₹ 2,500 | ₹ 2,525 |
Rehti | 8.1 | Wheat | ₹ 2,400 | ₹ 2,430 |
Sendhwa | 8.58 | Wheat | ₹ 2,500 | ₹ 2,600 |
Thandla | 4 | Mill Quality | ₹ 2,450 | ₹ 2,450 |
Tikamgarh | 6.5 | Mill Quality | ₹ 2,500 | ₹ 2,565 |
Indore Records Highest Wheat Price – ₹2701 per Quintal: Indore mandi stood out today, recording the highest wheat price at ₹2701 per quintal for mill quality wheat, with an arrival of 2.65 tons. This is ₹275 above the MSP, indicating strong buyer interest in high-quality grain.
Strong Rates in Tikamgarh, Niwari, and Sendhwa Mandis: Tikamgarh recorded mill quality wheat between ₹2500–₹2565, Niwari between ₹2500–₹2525, and Sendhwa up to ₹2600/quintal. These trends point to solid demand for premium-quality wheat in these regions.
Burhanpur and Ratlam See Weak Prices, Below MSP: On the flip side, Burhanpur reported the lowest wheat prices, with rates between ₹2000 and ₹2100 per quintal—well below the MSP. Ratlam mandi also saw lower prices ranging from ₹2200–₹2255.
Farmer Advisory: