Paddy is a crucial agricultural product in India, with constant demand across the country. The prices of paddy depend on various factors such as crop quality, local demand, and availability. In this report, we will provide detailed information on the current prices of common paddy in major mandis as of November 27, 2024.
Semri Harchand Mandi: Today, Semri Harchand Mandi recorded an arrival of 14 tons of paddy (Puspa MR 301 variety). All transactions in this mandi took place at a uniform price of ₹2900 per quintal. The quality of the crop was high, leading to stability between buyers and sellers.
Jalalabad Mandi: Today, Jalalabad Mandi saw a total arrival of 34 tons of paddy. The minimum price recorded was ₹2320 per quintal, and the maximum price was ₹2325 per quintal. The modal price for this mandi stood at ₹2320 per quintal, indicating that most transactions occurred at this price point.
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Khemkaran Mandi: A total of 36 tons of paddy arrived at Khemkaran Mandi today. Both the minimum and maximum prices remained steady at ₹2320 per quintal. The modal price was also ₹2320 per quintal.
Ludhiana Mandi: At the Salem Tabri Mandi in Ludhiana, 191.3 tons of other varieties of paddy were registered today. The minimum price was ₹2300 per quintal, and the maximum price was ₹2320 per quintal. The modal price was ₹2320 per quintal, indicating that most transactions were carried out at this price level.
Factors Affecting Paddy Prices: The price fluctuations of paddy depend on the quality of the crop, the volume of arrivals in the mandi, and regional demand.
Conclusion: The mandi prices on November 27, 2024, indicate that paddy prices are largely influenced by crop quality and local demand. This information is valuable for farmers growing paddy, as it helps them determine the right price for their produce and potentially earn better profits.
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