India Region

Wheat prices soaring in central India, farmers avoid selling on MSP

30 March 2022, Indore: Procurement of wheat on support price started from Monday in Madhya Pradesh, but only a few farmers reached the centers to sell their produce. The main reason for this is the high price of wheat in the market. Wheat prices are seeing a rise due to increased demand from exporters due to the Russo-Ukraine war. The farmers are refraining from selling wheat on the support price. The second reason is the strike of the cooperative society employees, which has affected the purchase on the support price.

It is noteworthy that the farmers are getting the price of wheat between Rs 2100 to Rs 2500 per quintal, while the support price is Rs 2015/quintal. This is the reason why farmers are not taking interest in selling wheat at support price despite getting registered.

According to the information received by Krishak Jagat, in the districts of Indore-Ujjain division, the start of procurement on support price on Monday was sluggish. Out of 73 centers in Khargone district, 64 centers remained closed due to the strike of cooperative society employees. No farmer came to sell wheat at the remaining 9 centers. There was no purchase in Barwani district as well. Only two farmers have booked slot for April 10 at Talun Kendra.

In Khandwa district, 79 procurement centers have been set up and 33 thousand farmers have registered, but only 4 farmers have booked slots.

In Mandsaur district, 250 quintals of wheat was procured from five farmers. The situation was more or less the same in Dewas district as well. Out of 172 centers in Ujjain district, only 1200 quintals of wheat was procured at 19 centers. 109 centers were started in Dhar district, but no farmer came in on the first day. In Jhabua district, 17 farmers had made bookings, but only 7 farmers sold 35 quintals of wheat. The situation was no different in Indore district.