Reading today's price tape for 16 Oct 2026, APMC Mumbai APMC stood at the front of the pack for Wheat, clocking the day's best rate at ₹4,750 per quintal. No other reporting yard came in higher, which is why this mandi is worth a closer look today.
01Key Drivers Behind Today's Wheat Rate
Strong rates like these tend to hold up when the trade behind them is broad, not just a one-off bid.
- Highest Recorded Price₹6,600
- Lowest Price Today₹2,900
- Average (Modal) Price₹4,750
- Reporting Mandis12
- Date16 Oct 2026
- CommodityWheat (Other)
02Today's Price, Placed in Its 2-Week Band
Today's modal rate sits in the 2-Week band like this — a quick read of how much strength is behind the current price.
Right now Wheat is about 12.4% above the period average — just 28.0% short of the period high. Holding near the top of the range is typically a sign of genuine strength, not a stray quote.
03How Other Mandis Compare Today
This table ranks Wheat rates across active mandis for 16 Oct 2026, making it easy to spot the best-paying market.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 APMC Mumbai APMC Leader | ₹4,750 |
| 2 Dewas APMC | ₹3,041 |
| 3 Kalol APMC | ₹2,825 |
| 4 Jetpur(Dist.Rajkot) APMC | ₹2,800 |
| 5 Khargone APMC | ₹2,800 |
| 6 Devariya APMC | ₹2,751 |
| 7 Babra APMC | ₹2,745 |
| 8 Mundi APMC | ₹2,700 |
| 9 Kukshi APMC | ₹2,700 |
| 10 Dankaur APMC | ₹2,700 |
| 11 Balrampur APMC | ₹2,700 |
| 12 Manawar APMC | ₹2,700 |
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.
The ₹2,050 (75.9%) gap between the dearest and cheapest yard shows there's real room to gain by choosing the market carefully, once transport is factored in.
05How Today Compares to the 2-Week Trend
Over the last two weeks, Wheat prices at APMC Mumbai APMC ranged between ₹2,900 and ₹6,600, with the average around ₹4,226. 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 | ₹6,600 | ₹2,900 | ₹4,750 |
| 15 Oct | ₹5,500 | ₹2,900 | ₹4,200 |
| 14 Oct | ₹5,500 | ₹2,900 | ₹4,200 |
| 13 Oct | ₹5,500 | ₹2,900 | ₹4,200 |
| 12 Oct | ₹5,500 | ₹2,900 | ₹4,200 |
| 24 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 23 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 22 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 21 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 19 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 18 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 17 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 16 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 15 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 11 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 10 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 09 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 08 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 07 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
| 04 Sep | ₹5,500 | ₹2,900 | ₹4,200 |
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
The headline Wheat rate looks attractive, yet the smart move is to net it against distance, quality cuts and timing.
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
In short, Wheat found its strongest bid at APMC Mumbai APMC on 16 Oct 2026. A daily check is the best way to see if this yard stays in front.
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.