Latest Paddy market rates today in Madhya Pradesh (October 29, 2024)

Madhya Pradesh, paddy prices vary regularly based on market trends and demand. Here, we present a detailed analysis of the market prices on October 29, 2024, which holds critical importance for farmers and traders alike. This report includes details on market centers, arrivals, paddy varieties, minimum, maximum, and average (model) prices.

Market Prices on October 29, 2024:

The data below provides an in-depth overview of the paddy prices in various markets across Madhya Pradesh on October 29, 2024. This information is particularly valuable for farmers and traders involved in paddy transactions.

Special Insights on Varieties:

1. Common Paddy: In markets like Balaghat and Bichhiya, common paddy prices ranged between ₹1,800 and ₹2,160 per quintal. This variety provides stability for farmers, particularly when prices fall between the minimum and maximum levels.
2. Basmati Paddy: Popular Basmati varieties like Basmati 1509 are available in markets like Banmorekalan and Bhitarwar, where prices range from ₹2,250 to ₹2,625 per quintal. Due to high quality and unique aroma, Basmati often commands a premium, with Raisen seeing the highest Basmati price at ₹2,880 per quintal.
3. Pushpa (MR 301): Available in Bareli, this variety's maximum price reached ₹2,711 per quintal today, making it particularly beneficial for the food industry.

Conclusion: Analyzing the price variations across Madhya Pradesh markets is crucial for farmers. Considering today’s rates, farmers are encouraged to choose markets based on their variety to secure the best returns, enhancing productivity and profitability in agriculture.

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