Farmers, take note — on October 31, 2026, Rice at Karnataka (state average) touched an average of ₹4,859 per quintal. Before selling, do check today's high of ₹5,384.
Karnataka (state average) Auction Report — October 31, 2026
- Highest Price Today₹5,384 / Qtl
- Lowest Price Today₹3,954 / Qtl
- Average (Modal) Price₹4,859 / Qtl
- Quality Grade /
- Market StateKarnataka
₹3,954 to ₹5,384 was today's range, with most trade at ₹4,859. Such a clear range shows both buyers and sellers were active — a lively market.
Seasonal Context · General Guidance
This is the Kharif harvest and post-monsoon period. Fresh arrivals rise during these weeks, which can soften prices for surplus commodities. For accurate local conditions, check your regional weather department updates.
Mandi-by-Mandi Comparison in Karnataka
| Mandi / Market | Modal Price (₹/Qtl) |
|---|---|
| Gangavathi APMC | ₹7,950 |
| Bengaluru APMC | ₹7,750 |
| Sindhanur APMC | ₹7,400 |
| Chintamani APMC | ₹7,000 |
| Bidar APMC | ₹6,900 |
| Shikaripura APMC | ₹5,000 |
| Gadag APMC | ₹4,548 |
| Indi APMC | ₹3,150 |
| Bantwala APMC | ₹2,900 |
| Manvi APMC | ₹2,900 |
Across these markets, Rice is dearest at Gangavathi APMC (₹7,950) and cheapest at Bantwala APMC (₹2,900) — a spread of ₹5,050/quintal (174%). Wider gaps can mean better arbitrage for traders willing to move produce between yards.
Recent Rates — Daily Breakdown
| Date | High | Low | Average (Modal) |
|---|---|---|---|
| 31 Oct 2026 | ₹5,384 | ₹3,954 | ₹4,859 |
| 30 Oct 2026 | ₹4,741 | ₹3,048 | ₹4,246 |
| 29 Oct 2026 | ₹4,888 | ₹4,091 | ₹4,506 |
| 28 Oct 2026 | ₹3,938 | ₹3,194 | ₹3,661 |
| 27 Oct 2026 | ₹4,990 | ₹3,729 | ₹4,340 |
| 26 Oct 2026 | ₹2,530 | ₹2,530 | ₹2,530 |
| 25 Oct 2026 | ₹2,750 | ₹2,750 | ₹2,750 |
| 24 Oct 2026 | ₹7,488 | ₹6,038 | ₹7,238 |
| 23 Oct 2026 | ₹5,486 | ₹4,026 | ₹4,875 |
| 22 Oct 2026 | ₹4,760 | ₹3,081 | ₹3,987 |
| 19 Oct 2026 | ₹4,249 | ₹3,570 | ₹4,152 |
| 17 Oct 2026 | ₹5,531 | ₹4,263 | ₹4,957 |
| 16 Oct 2026 | ₹3,784 | ₹3,315 | ₹3,609 |
| 15 Oct 2026 | ₹4,873 | ₹3,484 | ₹3,870 |
| 13 Oct 2026 | ₹5,116 | ₹3,795 | ₹4,525 |
| 12 Oct 2026 | ₹4,415 | ₹3,641 | ₹4,124 |
| 25 Sep 2026 | ₹3,833 | ₹3,095 | ₹3,505 |
| 24 Sep 2026 | ₹3,988 | ₹3,540 | ₹3,728 |
| 23 Sep 2026 | ₹4,757 | ₹3,795 | ₹4,132 |
| 22 Sep 2026 | ₹3,401 | ₹2,998 | ₹3,209 |
Advice for Farmers — The Right Selling Decision
Friend, even in an upward phase the smart move is not to bring your whole crop to market at once. Today's average is ₹4,859 — sell a part now and watch the trend for the rest.
For Traders and Agents — Market Trend
Commission agents and traders, note — today Rice shows the short-term trend is tilting downward. Volatility is in the 'high risk' band, so buy with some caution and watch the market's direction.