Wheat prices edged higher by over 15% in one month due to uncertainties in stockists’ demands ahead of rabi sowing. Stockists does not rule out a further price hike, which reached up to 25% till the next harvest arrives in mandis.         

At present, the fair average quality of wheat in the Delhi mandi is quoted at about Rs 2,250 a quintal, up 16.2% from a month ago, while wheat in the Kanpur and Kota markets is sold at Rs 2,033 a quintal and Rs 2,048 a quintal, up 16.6% and 15% from a month ago.