New Delhi: Due to low production last year and increased demand due to Russia-Ukraine, the price of wheat in the country is increasing continuously. The rate of wheat has increased by 16 percent in a year and now in many states of the country including Delhi, the price has crossed Rs 3,000 a quintal. Wheat is not coming to sell in the mandis of eastern India. Wheat is now being sold above the Minimum Support Price (Wheat MSP) all over the country. Due to the cost of wheat, the rate of wheat flour has also increased. In the last year, the price of flour has increased by 19 percent and now it is available at Rs 35 to 40 per kg.
According to a Moneycontrol report, the price of wheat in Delhi has reached Rs 3,044.50 per quintal. In Uttar Pradesh too, the price of wheat (Wheat Rate UP) has crossed Rs 3000 per quintal. Due to a lack of supply, the prices have continued to rise. Wheat prices are also rising due to the government not clarifying the situation on the sale of wheat through the Open Market Sale Scheme (OMSS). Please inform that the MSP of wheat for 2023 is Rs 2,125 per quintal.
If we look at the price of wheat in the mandis of January 16, 2023, wheat was sold at Rs. 2800 per quintal in Indore, Rs. 3000 per quintal in Kanpur mandi, Rs. 3044.50 per quintal in Delhi mandi and Rs. 2,687.50 per quintal in Kota.
Why is wheat becoming expensive?
Regarding the rise in wheat prices, experts say that wheat is not being supplied from the open market. Wheat is missing from mandis in eastern India. The stock of wheat is very less in the mandis of Uttar Pradesh. Wheat is coming from Gujarat in the mandis of UP. Even in Haryana and Punjab, stockists and farmers do not have much wheat. Those who have, are currently not selling it due to the increase in price. In such a situation, due to the increase in demand due to less supply, there is a rise in the prices of wheat. Now flour mills are also facing difficulties in getting wheat.
