In the mandi rate roundup for 16 Oct 2026, Basava Kalayana APMC stood at the front of the pack for Wheat, clocking the day's best rate at ₹5,000 per quintal. It comfortably led the field, which is why traders are likely keeping an eye on it.
01Key Drivers Behind Today's Wheat Rate
A rate that leads the board is usually the product of many bids, not one generous buyer.
- Highest Recorded Price₹5,275
- Lowest Price Today₹4,400
- Average (Modal) Price₹5,000
- Reporting Mandis12
- Date16 Oct 2026
- CommodityWheat (Mexican)
02How Strong Is Today's Rate, Really
Today's modal rate sits in the 30-Day band like this — a quick read of how much strength is behind the current price.
Today's rate is about 54.1% above the period average and just 5.2% short of the period high. A price holding this high in the range usually points to firm structural demand rather than a one-off bid.
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 Basava Kalayana 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 Bina APMC | ₹4,821 |
| 4 APMC Mumbai APMC | ₹4,750 |
| 5 Bengaluru APMC | ₹4,350 |
| 6 Shujalpur APMC | ₹3,980 |
| 7 Ashta APMC | ₹3,841 |
| 8 Kolhapur(Laxmipuri) APMC | ₹3,800 |
| 9 APMC Solapur APMC | ₹3,660 |
| 10 Sailana APMC | ₹3,550 |
| 11 APMC Tasgaon APMC | ₹3,360 |
| 12 Neemuch APMC | ₹3,275 |
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.
At ₹1,725 (52.7%), the spread is wide enough that where you sell Wheat matters as much as when — net of freight and quality cuts.
05How Today Compares to the 30-Day Trend
Over the last 30 days, Wheat prices at Basava Kalayana APMC ranged between ₹1,600 and ₹5,275, with the average around ₹3,244. Comparing today against this recent band helps separate a genuine trend from a short-lived, selective-buying spike.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 16 Oct | ₹5,275 | ₹4,400 | ₹5,000 |
| 15 Oct | ₹5,250 | ₹3,000 | ₹4,950 |
| 12 Oct | ₹2,741 | ₹2,550 | ₹2,680 |
| 25 Sep | ₹4,000 | ₹3,300 | ₹3,600 |
| 24 Sep | ₹3,700 | ₹3,200 | ₹3,600 |
| 21 Sep | ₹2,650 | ₹2,500 | ₹2,550 |
| 19 Sep | ₹2,600 | ₹2,580 | ₹2,580 |
| 18 Sep | ₹4,400 | ₹4,400 | ₹4,400 |
| 17 Sep | ₹4,400 | ₹3,625 | ₹3,900 |
| 16 Sep | ₹4,200 | ₹3,800 | ₹4,000 |
| 15 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
| 12 Sep | ₹4,450 | ₹3,150 | ₹4,000 |
| 09 Sep | ₹4,350 | ₹3,500 | ₹4,280 |
| 08 Sep | ₹2,650 | ₹2,550 | ₹2,600 |
| 05 Sep | ₹4,771 | ₹4,300 | ₹4,350 |
| 04 Sep | ₹3,800 | ₹3,800 | ₹3,800 |
| 03 Sep | ₹4,100 | ₹3,600 | ₹3,600 |
| 02 Sep | ₹4,500 | ₹3,400 | ₹4,100 |
| 01 Sep | ₹4,500 | ₹3,100 | ₹4,250 |
| 29 Aug | ₹2,600 | ₹2,500 | ₹2,550 |
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
When picking where to sell Wheat, balance the headline rate against cartage and the risk of heavier arrivals trimming it at the gate.
09A Buyer's Angle
A market that stays on top often sets the rate for nearby areas, so big buyers keep an eye on it.
10The Quick Read
Bottom line: on 16 Oct 2026, Basava Kalayana APMC set the pace for Wheat. Whether it stays on top depends on how arrivals, demand and rates at other yards move in the days ahead — worth checking the daily update.
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.