Paddy Prices Rise to Rs 3,240 per Quintal: Current Market Trends and Future Outlook

Key Highlights:

• Paddy prices reach Rs 3,240/quintal in Hoshangabad.

• MSP for A-grade paddy set at Rs 2,389.

• Major markets in MP, Maharashtra, and West Bengal show strong rates.

• Prices expected to remain stable or rise.

• Farmers advised to monitor local mandi rates.

The arrival of paddy in India’s markets has brought good news for farmers. In many regions, paddy prices are rising, offering a positive boost to the agricultural economy. Currently, paddy prices in major markets have reached between Rs 3,220 and Rs 3,240 per quintal. For instance, in Hoshangabad, the minimum price is Rs 3,220, and the maximum price is Rs 3,240 per quintal, while in Bareilly, it is Rs 3,220 per quintal.

This price rise is largely influenced by government procurement at the Minimum Support Price (MSP) and strong demand in local markets. The MSP for paddy in 2025-26 has been set at Rs 2,389 per quintal, up Rs 69 from last year.

Paddy Prices in Major Markets of Madhya Pradesh

• Balaghat Mandi – Rs 1,761 per quintal

• Alampur Mandi – Rs 3,050 per quintal

• Bareilly Mandi – Rs 3,220 per quintal

• Budhar Mandi – Rs 2,000 per quintal

• Hoshangabad Mandi – Rs 3,240 per quintal

• Bichhiya Mandi – Rs 2,175 per quintal

Paddy Prices in Maharashtra

• Chimur Mandi, Chandrapur – Rs 3,000 per quintal

• Roha Mandi, Raigarh – Rs 2,450 per quintal

• Armori Mandi, Gadchiroli – Rs 2,830 per quintal

• Armori (Desaiganj), Gadchiroli – Rs 2,330 per quintal

• Gandchiroli Mandi – Rs 2,860 per quintal

Paddy Prices in West Bengal

• Jiaganj Mandi, Murshidabad – Rs 2,400 per quintal

• Jangipur Mandi, Murshidabad – Rs 2,425 per quintal

• Rampurhat Mandi, Birbhum – Rs 2,320 per quintal

• Bankura Sadar Mandi, Bankura – Rs 2,350 per quintal

• Bolpur Mandi, Birbhum – Rs 2,320 per quintal

• Birbhum Market – Rs 2,320 per quintal

• Ghatal Mandi, Medinipur (W) – Rs 2,350 per quintal

• Kandi Mandi, Murshidabad – Rs 2,350 per quintal

Paddy Prices in Andhra Pradesh

• Tiruvuru, Krishna District – Rs 2,800 per quintal

• Atmakur (SPS), Nellore – Rs 2,400 per quintal

• Rapur, Nellore – Rs 2,490 per quintal

• Nandyal, Kurnool – Rs 2,200 per quintal

Prices in Other Markets

• Haliyala, Karwar (Karnataka) – Rs 2,450 per quintal

• Sattupalli, Khammam (Telangana) – Rs 2,320 per quintal

• Banthra, Lucknow (Uttar Pradesh) – Rs 2,497 per quintal

Reasons Behind the Rise in Paddy Prices

Market experts say the balance of demand and supply favors farmers this season. Upcoming government procurement at MSP and potential demand for buffer stocks have also contributed to rising prices. As paddy is a key Kharif crop, higher prices help increase farmers’ income and strengthen the rural economy.

Future Market Trend

Experts predict that paddy prices may remain stable or increase further as government procurement begins. If procurement rises at MSP or demand for buffer stocks grows, prices could reach up to Rs 3,300 per quintal.

Advice for Farmers

• Paddy prices vary by quality. Regular paddy may fetch lower prices, while premium varieties like Basmati can get higher prices.

• Prices fluctuate daily, so farmers should check current market rates at their nearest mandi before selling.

• Making informed decisions based on market trends and MSP ensures maximum benefit.

Also Read: Sugarcane Crushing Season in UP to Start on October 1, 2025 – Farmers to Get Remunerative Prices

CMV360 Says

Paddy prices are showing a positive trend this season, with many major markets seeing rates above Rs 3,200 per quintal. With government procurement and steady demand, farmers can expect stable or higher prices in the coming weeks, supporting rural incomes and agriculture growth.