Agriwatch Market Intelligence
Agriwatch Market Intelligence
February 18, 2025 at 11:27 AM
*Wheat Market Highlight* New crop arrivals have begun in parts of Madhya Pradesh, with the Indore market witnessing trades of newly harvested mill-quality crop at ₹3,000 to ₹3,100 per quintal, having a moisture content of 16-17% and total arrivals of around 700 quintals. The pace of arrivals is expected to increase after the Mahashivratri festival. From now on, prices will likely remain weak due to the combined impact of rising new crop supplies and downward pressure from the Open Market Sale Scheme (OMSS), which aims to regulate market prices through government sales.
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