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War In Ukraine Is Windfall For Wheat Farmers Of Madhya Pradesh

War In Ukraine Is Windfall For Wheat Farmers Of Madhya Pradesh

NDTV
Thursday, May 12, 2022 07:12:49 AM UTC

Most of the wheat is being bought for export because of the shortage, with Russia and Ukraine -- both major wheat exporters - hampered because of the war.

The demand for wheat grown in Madhya Pradesh has shot up in the international market amid short supply from Russia and Ukraine due to the ongoing war. The farmers are pleased. They are getting paid as much as 25 per cent more than the Minimum Support Price or MSP.

Farmers are now getting up to Rs 2400- 2,500 a quintal of wheat in mandis, as against the Rs 2,015 MSP.

One of them, Jagdish Meena, came to Bhopal's Karond Mandi from Mubarakpur with three trolleys of wheat and received Rs 105 per quintal above MSP -- paid immediately after the auction.

"I am happy, getting cash here. Weigh it, show the receipt and you are done. Last year, we faced some issues because of RTGS," he told NDTV.

Read full story on NDTV
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