2. Wheat Production in India
• Important cereal
• Staple Food
• Different type
• Government play important role
through MSP
3. Price Trend
• December to Feb due to scarcity in the market the prices are
usually high.
• In April: The prices of wheat are Rs.14,918.93per metric ton
nearly 4.69 % increase than the last month.
• Reason-Good whether and record harvest led to the downward
pressure on the food prices inflation.
• In May-The prices of wheat are Rs. 15,913.93 per metric ton
nearly 6.67 % increase than the last month.
4. Factors affecting Demand of wheat
• The main factor affecting demand is Price-when Price goes up,
demand goes down and vice versa.
• Growing demands for wheat based product.
• Change in population.
• Income change.
• Future expectation.
5. Factors affecting supply of wheat
• Price
• Environmental conditions
• The production technology.
• Other issues which affect the supply are:
• improved seeds, Fertilizer availability, irrigation water, farm machinery.
• Infrastructure Roads.
• India make a record of 81.47 million tonnes but the demand of wheat is still
much higher.
