Wheat Prices Surge: Current Market Rates and Future Predictions

Wheat prices have surged 30% above MSP, benefiting farmers. Prices remain high due to supply shortages and increased FMCG demand.

By Robin Kumar Attri

Feb 16, 2025 11:19 am IST

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Wheat Prices Surge: Current Market Rates and Future Predictions

Key Highlights

Wheat prices are 30% higher than the MSP of ₹2,425 per quintal.
Prices have increased 53% compared to three years ago.
Major markets report record-high wheat prices across India.
Supply shortages and FMCG demand drive price surge.
Prices likely to remain high until April 2025.

The price of wheat has been rising continuously, showing no signs of stabilizing despite the government's efforts to control it. Wheat prices are approximately 30% higher than the Minimum Support Price (MSP). The government has imposed stock limits, but the price increase persists. Farmers who have stored their wheat stand to benefit significantly as the market reaches record-high prices.

Also Read: General Budget 2025: PM Kisan Samman Nidhi Yojana Amount Expected to Double

Weekly Increase in Wheat Prices

According to the Central Food Supply and Distribution Department, wheat prices have risen by ₹20 per quintal in the past week. The following table summarizes the price hike:

Time Period	Price per Quintal (₹)	Increase (%)
Last Week	2,966	3.53%
Last Year	2,535	17%
Three Years Ago	1,937	53%

Wheat Prices in Major Markets

The MSP of wheat for 2025 is set at ₹2,425 per quintal, but current market prices are significantly higher. Below is a breakdown of wheat prices in major markets across India:

Wheat Prices in Rajasthan

Market Location	Price (₹/Quintal)
Beawar Mandi	3,200
Bassi (Jaipur)	3,088
Bundi (Dei)	2,982
Jhalawar (Khanpur)	3,115
Jhunjhunu (Gudhagorji)	3,000
Hanumangarh (Sangaria)	2,900
Jhalawar's Manohar (Thana)	3,050
Kota (Ramganji)	3,101
Tonk (Malpura)	3,141

Wheat Prices in Gujarat

Market Location	Price (₹/Quintal)
Jambusar (Bharuch)	2,900
Dhoraji (Rajkot)	3,115
Anand (Borsad)	2,750
Jasdan (Rajkot)	3,350
Thara (Banaskantha)	3,350
Kalawad (Jamnagar)	3,150
Gondal Mandi (Rajkot)	3,180
Jetpur of Rajkot (District Rajkot)	3,185
Rajkot Market	3,100

Wheat Prices in Madhya Pradesh

Market Location	Price (₹/Quintal)
Bhopal (Berasia)	2,974
Chhatarpur (Lavkush Nagar)	2,850
Jabalpur (Sehora)	3,033
Ratlam (Javra)	3,035
Satna	3,850
Bhind	2,960
Harda Mandi	3,150
Hoshangabad (Pipariya)	3,069
Jhabua (Petlawad)	2,910
Mandsaur (Pipalya)	2,955

Wheat Prices in Maharashtra

Market Location	Price (₹/Quintal)
Vasai (Thane)	3,890
Dhule	3,685
Akola	2,820
Nashik (Devala)	3,400
Karjat (Ahmednagar)	2,900
Gangakhed (Parbhani)	2,800
Sonpeth (Parbhani)	3,275
Ulhasnagar (Thane)	3,200

Wheat Prices in Uttar Pradesh

Market Location	Price (₹/Quintal)
Fatehpur	2,910
Prayagraj (Ajuha)	2,880
Bahraich	3,000
Amethi (Sultanpur)	2,950
Badaun	2,930
Jalaun (Ait)	2,980
Muzaffarnagar	3,050
Pratapgarh	2,950
Raebareli (Salon)	2,750
Unnao (Purva)	2,925