Wheat prices like horses like MSP across the bread, now the prices of wheat with the plate of King Maharajas have once again increased the concern. Crossing the minimum support price (MSP), the prices of wheat are touching the sky. For the last few days, the prices of wheat have been watching a steady increase, due to which not only the general public but also the government is upset. If this is the speed, then the prices of wheat may increase even more in the coming days. However, the prices are expected to get some relief after the new crop.
Price of wheat in mandis of Madhya Pradesh
Wheat prices are running at different levels in the mandis of Madhya Pradesh. In some mandis, the minimum price of wheat is Rs 2,500 per quintal, while the maximum price has reached Rs 3,144 per quintal. The maximum price of wheat in Indore Mandi has been recorded at Rs 3,144 per quintal, which is quite above MSP. At the same time, the model rate of wheat in Biaora Mandi is Rs 2,970 per quintal. Similarly, the maximum price of wheat in Sagar Mandi has reached Rs 3,080 per quintal.
Due to rising wheat prices
There are many reasons behind the increase in wheat prices. First, the weather has damaged the crop, causing a decrease in production. Second, increasing demand and reduction in supply have also pushed prices up. Third, betting and hoarding in the market are also playing an important role in increasing prices. The government has taken steps to control these issues, but so far there has been no significant reduction in prices.
What will happen in the coming time?
Wheat prices are expected to decrease in the coming times. After the new crop comes, the supply in the market will increase, which may cause prices to fall. However, it will depend on how much crop quality and production is. If the crop is good, there is a possibility of a decrease in prices. But if the production is low, the prices may increase even more. The price of the horses like the horses like the horses, now the bread began to be felt