In the latest market update for 16 Oct 2026, Wheat was quoted at ₹2,900 per quintal in Modasa APMC. Read on for the market-wise spread, recent price history and a quick note for farmers and buyers.
01Key Drivers Behind Today's Wheat Rate
Prices move with arrivals and buying mood, both of which differ market to market on any given day.
- Highest Recorded Price₹2,900
- Lowest Price Today₹2,725
- Average (Modal) Price₹2,900
- Reporting Mandis12
- Date16 Oct 2026
- CommodityWheat (Lokwan Gujrat)
02How Strong Is Today's Rate, Really
Here's where today's Wheat rate lands within its recent low-to-high range.
At this level, Wheat is about 8.2% above the period average, sitting just 3.3% short of the period high. The closer a rate runs to its recent ceiling, the stronger the underlying buying tends to be.
03How Other Mandis Compare Today
The table below lines up Wheat rates across the markets that reported on 16 Oct 2026, so you can see where Modasa APMC sits versus the rest. A clear front-runner tends to shape what nearby yards quote.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Basava Kalayana APMC Leader | ₹5,000 |
| 2 Vidisha APMC | ₹4,900 |
| 3 APMC Mumbai APMC | ₹4,750 |
| 4 Bengaluru APMC | ₹4,350 |
| 5 Kolhapur(Laxmipuri) APMC | ₹3,800 |
| 6 APMC Solapur APMC | ₹3,660 |
| 7 Sailana APMC | ₹3,550 |
| 8 APMC Akola APMC | ₹3,462 |
| 9 Bidar APMC | ₹3,400 |
| 10 APMC Tasgaon APMC | ₹3,360 |
| 11 APMC Ulhasnagar APMC | ₹3,250 |
| 12 APMC Nandgaon APMC | ₹3,250 |
04The Spread: Best vs Cheapest Yard
How far apart are the top and bottom yards today? That spread tells you how much choosing the right market is worth.
That ₹1,750 (53.8%) difference is the day's opportunity: the same Wheat fetched noticeably more at the top yard than at the softest one.
0530-Day Price Trend at a Glance
Over the last 30 days, Wheat prices at Modasa APMC ranged between ₹2,275 and ₹3,000, with the average around ₹2,679. A rate sitting near the top of this range points to firm demand, while a move toward the lower band suggests easing pressure.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 17 Oct | ₹2,930 | ₹2,790 | ₹2,930 |
| 16 Oct | ₹2,900 | ₹2,725 | ₹2,900 |
| 14 Oct | ₹2,925 | ₹2,780 | ₹2,925 |
| 13 Oct | ₹2,900 | ₹2,760 | ₹2,900 |
| 12 Oct | ₹2,780 | ₹2,650 | ₹2,780 |
| 25 Sep | ₹2,730 | ₹2,675 | ₹2,730 |
| 24 Sep | ₹2,710 | ₹2,650 | ₹2,710 |
| 23 Sep | ₹2,730 | ₹2,650 | ₹2,730 |
| 22 Sep | ₹2,860 | ₹2,675 | ₹2,860 |
| 21 Sep | ₹2,805 | ₹2,675 | ₹2,805 |
| 19 Sep | ₹2,700 | ₹2,625 | ₹2,700 |
| 17 Sep | ₹3,000 | ₹2,675 | ₹3,000 |
| 16 Sep | ₹2,775 | ₹2,660 | ₹2,775 |
| 12 Sep | ₹2,700 | ₹2,640 | ₹2,700 |
| 11 Sep | ₹2,775 | ₹2,650 | ₹2,775 |
| 10 Sep | ₹2,825 | ₹2,650 | ₹2,825 |
| 09 Sep | ₹2,735 | ₹2,650 | ₹2,735 |
| 08 Sep | ₹2,780 | ₹2,650 | ₹2,780 |
| 07 Sep | ₹2,725 | ₹2,680 | ₹2,725 |
| 02 Sep | ₹2,735 | ₹2,675 | ₹2,735 |
Reviewing the recent daily data helps confirm whether this position is part of an ongoing trend or a short-term move driven by selective buying.
07At a Glance
08What It Means If You're Selling
Aim for the best-paying Wheat yard if you can, but keep cartage and grading in the maths before you load the cart.
09A Buyer's Angle
Traders watch leading rates closely, since a yard that repeatedly tops the list usually sets expectations across the region.
10The Quick Read
All told, this is where Wheat stood at Modasa APMC on 16 Oct 2026. The board above shows whether it ran high, low or mid-pack.
Disclaimer: Prices are compiled from publicly available government mandi data (AGMARKNET / data.gov.in) and are for information only — not financial advice. Confirm the live rate at the mandi before trading.