As fresh arrivals settled on 16 Oct 2026, Wheat was quoted at ₹2,600 per quintal in Madhoganj APMC. The price-position and spread sections below place this rate in its wider context.
01Key Drivers Behind Today's Wheat Rate
A single market's price is shaped by local stock and bidding, so it's best read alongside the wider board.
- Highest Recorded Price₹2,600
- Lowest Price Today₹2,600
- Average (Modal) Price₹2,600
- Reporting Mandis12
- Date16 Oct 2026
- CommodityWheat (Dara)
02How Strong Is Today's Rate, Really
Here's where today's Wheat rate lands within its recent low-to-high range.
Today's rate is about 3.4% above the period average and just 4.5% 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
Here's how Wheat rates stacked up across reporting markets on 16 Oct 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Vidisha APMC Leader | ₹4,900 |
| 2 Bina APMC | ₹4,821 |
| 3 APMC Mumbai APMC | ₹4,750 |
| 4 Bengaluru APMC | ₹4,350 |
| 5 Ashta APMC | ₹3,841 |
| 6 Kolhapur(Laxmipuri) APMC | ₹3,800 |
| 7 APMC Solapur APMC | ₹3,660 |
| 8 Sailana APMC | ₹3,550 |
| 9 APMC Nagpur APMC | ₹3,425 |
| 10 APMC Tasgaon APMC | ₹3,360 |
| 11 APMC Murum APMC | ₹3,350 |
| 12 Basava Kalayana APMC | ₹3,300 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Wheat.
That ₹1,600 (48.5%) difference is the day's opportunity: the same Wheat fetched noticeably more at the top yard than at the softest one.
05How Today Compares to the 90-Day Trend
Over the last 90 days, Wheat prices at Madhoganj APMC ranged between ₹2,430 and ₹2,723, with the average around ₹2,515. 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 | ₹2,600 | ₹2,600 | ₹2,600 |
| 15 Oct | ₹2,600 | ₹2,590 | ₹2,596 |
| 14 Oct | ₹2,600 | ₹2,590 | ₹2,598 |
| 13 Oct | ₹2,600 | ₹2,600 | ₹2,600 |
| 12 Oct | ₹2,600 | ₹2,590 | ₹2,593 |
| 25 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
| 24 Sep | ₹2,590 | ₹2,590 | ₹2,590 |
| 23 Sep | ₹2,600 | ₹2,590 | ₹2,594 |
| 22 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
| 21 Sep | ₹2,600 | ₹2,590 | ₹2,599 |
| 20 Sep | ₹2,600 | ₹2,590 | ₹2,593 |
| 19 Sep | ₹2,590 | ₹2,590 | ₹2,590 |
| 18 Sep | ₹2,600 | ₹2,590 | ₹2,593 |
| 17 Sep | ₹2,600 | ₹2,590 | ₹2,595 |
| 16 Sep | ₹2,600 | ₹2,590 | ₹2,591 |
| 15 Sep | ₹2,590 | ₹2,590 | ₹2,590 |
| 14 Sep | ₹2,580 | ₹2,580 | ₹2,580 |
| 13 Sep | ₹2,580 | ₹2,580 | ₹2,580 |
| 12 Sep | ₹2,500 | ₹2,500 | ₹2,500 |
| 10 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
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 day's best Wheat rate is a good benchmark, yet distance, grade and how many others arrive with the same crop can all move your final price.
09A Buyer's Angle
For buyers, the market that stays on top is where the real rate gets set — worth checking every day.
10The Quick Read
Net-net, Madhoganj APMC posted this Wheat rate on 16 Oct 2026. Compare it with nearby yards and keep an eye on the daily update for the direction.
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.