Telangana | People pre-book rice harvest to lock prices; farmers get ₹3,000-₹3,500 per quintal in open markets
Paddy farmers in Telangana are increasingly selling their harvest in open markets to secure higher prices, often bypassing government procurement centers. This trend is driven by rising rice prices and pre-booking orders from individuals seeking to hedge against future inflation.
Why it matters
The shift reflects changing agricultural market dynamics and the impact of climate-related water shortages on food supply and farmer income.
Telangana | People pre-book rice harvest to lock prices; farmers get ₹3,000-₹3,500 per quintal in open markets left Farmers who harvested paddy in Telangana preferred to sell the produce in open markets as they are getting better prices. The image is used for representative purposes only (NAGARA GOPAL) The Hindu https://th-i.thgim.com/public/incoming/63r7qu/article71622915.ece/alternates/FREE_1200/IKP%20run%20paddy%20procurement%20centres%2003.jpg NAGARA GOPAL In view of hot summer there is a severe shortage of local hamalis (daily wage labourers) at the IKP-run paddy procurement centres in Nalgonda, forcing authorities to hire migrants from Bihar and UP for the work. Photo: NAGARA GOPAL / The Hindu HYDERABAD The increasing prices of rice is giving a boost to paddy farmers’ income in Telangana with many of them choosing to sell the harvest in open markets for around ₹3,000-₹3,500 per quintal of fresh harvest of fine rice, against around ₹2,450 of MSP & ₹500 bonus (for fine rice).
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