The APMC market in Yadgir has been receiving groundnut arrivals in large quantities this season.
| Photo Credit: SPECIAL ARRANGEMENT
The price of groundnut crossed ₹11,000 per quintal on Friday setting a new record. It has been consistently doing well for the last five years.
According to sources in the Agriculture Produce and Marketing Committee (APMC) in Yadgir, the maximum price for groundnut reached ₹11,099 per quintal.
The minimum price (per quintal) stands at ₹6,875, while the average price has been put at ₹9,175.
The maximum price for groundnut recorded in the last five years is as follows: ₹6,496 in 2021-22, ₹6,479 in 2022-23, ₹7,372 in 2023-24, ₹7,069 in 2024-25 and now ₹11,099 in 2025-26, which is the highest price that the produce has commanded.
As much as 8,860 quintals of groundnut arrived on Friday. Farmers transported their produce in tractors, bullock carts, autorickshaws and through other modes of transportation.
With these arrivals, the APMC Yard was filled with grain and workers were busy weighing them.
Assistant Director of APMC Shivakumar Desai told The Hindu that 8,860 quintals of groundnut arrived from different parts of the district. The minimum, maximum and avarage price was fixed based on the quality of grain.
Probably, a high demand for oil seeds for producing edible oil is one among reasons for the price hike, he added.
Sources in the Agriculture Department confirmed that the target for groundnut sowing for the rabi season was 20,500 hectares. However, farmers sowed it in 26,046 hectares registering 127% cultivation.
The price hike for the produce has brought the smiles back on the faces of farmers who are hoping that it will help them come out of financial difficulties caused by torrential rainfall and floods a couple of months ago.
“I am happy with the good price that my produce is fetching,” said a farmer Sharanappa who sold around 10 quintals of groundnut at the market.
Meanwhile, the APMC Yard is getting 60 paise from buyers as cess levied on purchases of ₹100 for the produce.
Yadgir district faced extensive crop damage owing to heavy rainfall and floods last year. Following this, farmers suffered huge crop losses and hoped to benefit through major rabi crops.
Published – January 30, 2026 07:11 pm IST
