Procurement price of wheat across India FY 2014-2024

Published by Sandhya Keelery, Sep 9, 2024

In fiscal year 2024, the procurement price of wheat across India was over 2,275 Indian rupees per quintal. This was an increase compared to the previous year's procurement price. During fiscal year 2023, the export value of wheat from the south Asian nation amounted to over 1,519 million U.S. dollars.

Procurement price of wheat across India from financial year 2014 to 2024 (in Indian rupees per quintal)

CharacteristicProcurement price in Indian rupees per quintal
FY 2024 2,275
FY 2023 2,125
FY 2022 2,015
FY 2021 1,975
FY 2020 1,925
FY 2019 1,840
FY 2018 1,735
FY 2017 1,625
FY 2016 1,525
FY 2015 1,450
FY 2014 1,400
Showing entries 1 to 11 (11 entries in total)
Created with Highcharts 7.2.2Procurement price in Indian rupees per quintal1,4001,4001,4501,4501,5251,5251,6251,6251,7351,7351,8401,8401,9251,9251,9751,9752,0152,0152,1252,1252,2752,275FY 2014FY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024
05001,0001,5002,0002,5003,000

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Release date

July 2024

Region

India

Survey time period

FY 2014 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of September 2024).

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