New Delhi. Although the government has already declared the minimum reserve price of wheat to be sold under the Open Market Sale Scheme (OMSS) as Rs 2550 per quintal, the sale process has not started yet and has not indicated its start in the near future. Food Secretary said that there is no need to start auction sale of government wheat at present. After this clarification, the flour millers and processors who were waiting for government wheat were forced to buy it from wholesale markets.

Mixed prices were seen in Madhya Pradesh. There, the price of wheat increased by Rs 50-50 in Indore and Dabra and Rs 25 in Itarsi, but decreased by Rs 50-50 per quintal in Dewas and Ujjain.

Earlier, the daily arrival of wheat in Delhi was 5-9 thousand sacks, but after the rise in prices, it increased to 10 thousand sacks on 25th July. There was a good supply of wheat in some mandis of Madhya Pradesh as well and buyers showed interest in buying it.

Prices remained stable at Rs 2520/2750 per quintal in Jalna Mandi of Maharashtra. The government has a surplus stock of 50-60 lakh tonnes of wheat which can be sold in the coming months. Farmers and traders/stockists also have its stock but there are signs of improvement in prices.