In the latest market update for 16 Oct 2026, Wheat was quoted at ₹2,586 per quintal in Gurusarai APMC. Here's how that rate sits against other reporting yards, with recent history for context.
01What's Behind Today's Wheat Price
Local arrivals, grade and the number of active buyers together set a market's rate for the day.
- Highest Recorded Price₹2,600
- Lowest Price Today₹2,580
- Average (Modal) Price₹2,586
- Reporting Mandis12
- Date16 Oct 2026
- CommodityWheat (Medium)
02Where Today's Rate Sits in the Range
Placing today's rate inside the recent band shows whether the price is running hot, cool, or mid-pack.
At this level, Wheat is about 0.4% above the period average, sitting just 4.2% 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
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 Lateri APMC | ₹4,800 |
| 4 APMC Mumbai APMC | ₹4,750 |
| 5 Bengaluru APMC | ₹4,350 |
| 6 Kolhapur(Laxmipuri) APMC | ₹3,800 |
| 7 APMC Solapur APMC | ₹3,660 |
| 8 Sailana APMC | ₹3,550 |
| 9 APMC Akola APMC | ₹3,462 |
| 10 Bidar APMC | ₹3,400 |
| 11 APMC Tasgaon APMC | ₹3,360 |
| 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.
A spread of ₹1,600 (48.5%) across reporting yards means a seller near a higher-paying mandi can realise meaningfully more — provided cartage and grading don't eat the difference.
0530-Day Price Trend at a Glance
Over the last 30 days, Wheat prices at Gurusarai APMC ranged between ₹2,500 and ₹2,700, with the average around ₹2,576. 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 | ₹2,580 | ₹2,586 |
| 15 Oct | ₹2,600 | ₹2,590 | ₹2,593 |
| 14 Oct | ₹2,500 | ₹2,500 | ₹2,500 |
| 13 Oct | ₹2,500 | ₹2,500 | ₹2,500 |
| 24 Sep | ₹2,500 | ₹2,500 | ₹2,500 |
| 23 Sep | ₹2,560 | ₹2,540 | ₹2,550 |
| 21 Sep | ₹2,550 | ₹2,540 | ₹2,544 |
| 20 Sep | ₹2,560 | ₹2,550 | ₹2,556 |
| 19 Sep | ₹2,500 | ₹2,500 | ₹2,500 |
| 18 Sep | ₹2,570 | ₹2,560 | ₹2,562 |
| 17 Sep | ₹2,600 | ₹2,500 | ₹2,525 |
| 14 Sep | ₹2,520 | ₹2,500 | ₹2,503 |
| 11 Sep | ₹2,585 | ₹2,585 | ₹2,585 |
| 10 Sep | ₹2,585 | ₹2,585 | ₹2,585 |
| 08 Sep | ₹2,580 | ₹2,570 | ₹2,573 |
| 07 Sep | ₹2,585 | ₹2,585 | ₹2,585 |
| 06 Sep | ₹2,500 | ₹2,500 | ₹2,500 |
| 03 Sep | ₹2,580 | ₹2,570 | ₹2,574 |
| 02 Sep | ₹2,600 | ₹2,585 | ₹2,595 |
| 28 Aug | ₹2,585 | ₹2,585 | ₹2,585 |
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
Buyers often read a persistent price leader as a demand signal, then time their purchases to supply swings.
10The Quick Read
To sum up, this was the Wheat rate at Gurusarai APMC on 16 Oct 2026. The comparison table shows how it stacks up against other yards today.
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.