📈 Grain Price Overview - Key Mandis of North India
| Commodity | MSP (₹/Quintal) | Mandi Price Range (₹/Quintal) | Key Mandis | Trend | Recommendation |
|---|---|---|---|---|---|
| Wheat | ₹2,425 | ₹2,275 – ₹2,600 | Punjab, Haryana, MP | Stable | Sell if price ≥ MSP; otherwise, Hold |
| Rice | ₹2,040 (Common) | ₹3,700 | Uttar Pradesh | Stable | Sell |
| Maize | Not specified | ₹1,450 – ₹2,200 | Haryana, Delhi | Variable | Hold if price < ₹1,800; Sell if price ≥ ₹2,000 |
🛡️ MSP Alerts & Procurement Insights
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Wheat: The government has set the MSP for wheat at ₹2,425 per quintal for the 2025–26 marketing season, a 6.59% increase from the previous year. Madhya Pradesh offers an additional bonus of ₹175 per quintal, encouraging farmers to sell to the Food Corporation of India (FCI). As of April 9, 2025, wheat procurement has reached 2.08 million metric tons, a 44.4% increase over the same period last year, indicating a robust harvest.
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Rice: The MSP for common-grade paddy is ₹2,040 per quintal. As of May 22, 2024, rice procurement has reached 52.06 million tonnes, with ₹1.6 lakh crore paid to farmers as MSP.
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Maize: MSP for maize varies by state and quality. In Haryana, mandi prices range from ₹1,260 to ₹1,560 per quintal as of February 14, 2025. In Delhi, prices are higher, with the highest recorded at ₹2,200 per quintal in Najafgarh mandi as of January 10, 2025.
📌 Strategic Recommendations
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Wheat: With procurement prices at or above MSP in key mandis, farmers are advised to sell their produce to take advantage of the favorable pricing.
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Rice: Stable mandi prices suggest it's an opportune time to sell. Monitor local demand and storage capacity to make informed decisions.
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Maize: Given the variability in mandi prices, farmers should consider holding their produce if local prices are below ₹1,800 per quintal. If prices reach or exceed ₹2,000 per quintal, selling is recommended.
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