๐ Overview
In this month’s report, we spotlight wheat, one of North India’s staple rabi crops, and examine how its prices vary across key mandis in Punjab, Haryana, and Uttar Pradesh. Understanding these price trends can help traders and farmers optimize their buying and selling decisions, reduce losses, and leverage arbitrage opportunities.
๐ Wheat Price Comparison Across Mandis
State | Mandi | Min Price (₹/quintal) | Max Price (₹/quintal) | Avg Price (₹/quintal) |
---|---|---|---|---|
Punjab | Ludhiana | ₹2,050 | ₹2,200 | ₹2,130 |
Punjab | Amritsar | ₹2,000 | ₹2,150 | ₹2,090 |
Haryana | Karnal | ₹2,100 | ₹2,250 | ₹2,180 |
Haryana | Hisar | ₹2,080 | ₹2,230 | ₹2,160 |
Uttar Pradesh | Meerut | ₹2,000 | ₹2,100 | ₹2,060 |
Uttar Pradesh | Bareilly | ₹1,950 | ₹2,080 | ₹2,030 |
๐ Key Insights & Recommendations
๐ Best Mandis to Sell Wheat
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Karnal, Haryana offers the highest maximum price at ₹2,250/quintal. Farmers near western Uttar Pradesh and eastern Punjab can benefit by transporting produce here.
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Ludhiana, Punjab also presents a strong average price, ideal for sellers within central Punjab.
๐ Best Mandis to Buy Wheat
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Bareilly, UP has the lowest average price of ₹2,030, making it attractive for bulk buyers and millers.
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Amritsar prices are also slightly lower than Ludhiana, providing a cost-effective buying option in northern Punjab.
๐น Arbitrage (Profit) Opportunity Analysis
Traders can profit by buying in Bareilly or Meerut and selling in Karnal or Ludhiana:
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Potential Margin:
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Buy in Bareilly at ₹2,030
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Sell in Karnal at ₹2,250
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Gross Margin: ₹220/quintal (approx. 10.8%)
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⚠️ Note: Account for transport costs, mandi fees, and handling losses. Net margins may vary depending on logistics efficiency and distance.
๐บ️ Price Variation Map (Optional for digital format)
Visualize key mandis and price levels using a color-coded map:
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๐ข High Price Zones: Karnal, Ludhiana
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๐ก Mid Price Zones: Hisar, Amritsar
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๐ด Low Price Zones: Meerut, Bareilly
If you're accessing this report online, click [here] to view the interactive price map.
✅ Action Plan for Farmers and Traders
Who | What to Do |
---|---|
Farmers | Consider selling in Karnal or Ludhiana for better returns. |
Traders | Buy in Bareilly/Meerut, sell in Karnal/Hisar for profits. |
Aggregators | Evaluate cross-state bulk trade routes for savings. |
๐ฌ Stay Updated
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