Weekly Review – Wheat
04-Apr-2026 06:51 PM
Arrival of New Stock Begins – Mixed Trend in Prices
New Delhi: The arrival of new wheat stock had already commenced in March in states such as Uttar Pradesh, Madhya Pradesh, Rajasthan, Gujarat, and Maharashtra; meanwhile, supplies have now started flowing into provinces like Punjab, Haryana, and Bihar. Concurrently, the pace of government procurement is expected to accelerate.
Delhi
Wheat production is estimated to exceed last year's output. Consequently, prices in the *mandis* (wholesale markets) remain under pressure. During the week spanning March 28 to April 3, strong arrivals of wheat coupled with weak demand in Delhi caused prices to drop by ₹60, settling in the range of ₹2,520–₹2,560 per quintal. Delhi is currently receiving a daily influx of 7,000 to 10,000 bags of wheat, while purchasing activity remains subdued.
Uttar Pradesh
In several *mandis* across Uttar Pradesh, the arrival of wheat has not yet begun; however, in areas where supplies have started arriving, a downward trend in prices persists. It is noteworthy that wheat prices in the state's *mandis* have already fallen significantly below the Minimum Support Price (MSP)—currently set at ₹2,585 per quintal—yet the trend of price softness has not yet abated.
Prices
On April 3, wheat prices were recorded at ₹2,280 per quintal in Gorakhpur, ₹2,245–₹2,270 in Shahjahanpur, ₹2,125–₹2,225 in Hardoi, and ₹2,233 in Mainpuri. In Maharashtra, prices in the Jalna *mandi* were recorded at ₹2,100–₹2,400 per quintal; in Rajasthan, prices stood at ₹2,250–₹2,600 in the Kota *mandi*, ₹2,270–₹2,650 in the Baran *mandi*, and ₹2,200–₹2,400 in the Bundi *mandi*.
Arrivals
Daily wheat arrivals have surged, reaching 40,000 bags in Bundi, 100,000 bags (1 lakh) in Kota, and 125,000 bags (1.25 lakhs) in Baran. On April 3, 70,000 bags of wheat arrived in Shahjahanpur, whereas earlier, its inflow had ceased.