With the 24 Aug 2026 auctions now in, Groundnut was quoted at ₹8,522 per quintal in Challakere APMC. Below you'll find how this compares with other markets and how the rate has moved lately.
01Key Drivers Behind Today's Groundnut Rate
Local arrivals, grade and the number of active buyers together set a market's rate for the day.
- Highest Recorded Price₹10,109
- Lowest Price Today₹4,519
- Average (Modal) Price₹8,522
- Reporting Mandis12
- Date24 Aug 2026
- CommodityGroundnut (Gejje)
02How Strong Is Today's Rate, Really
Placing today's rate inside the recent band shows whether the price is running hot, cool, or mid-pack.
This puts Groundnut about 4.4% above the period average, and just 17.3% short of the period high. A reading in the upper part of the band often reflects steady, broad-based demand.
03How Other Mandis Compare Today
The table below lines up Groundnut rates across the markets that reported on 24 Aug 2026, so you can see where Challakere APMC sits versus the rest. A clear front-runner tends to shape what nearby yards quote.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Banthara APMC Leader | ₹15,969 |
| 2 Varanasi APMC | ₹14,655 |
| 3 Bareilly APMC | ₹14,184 |
| 4 Barabanki APMC | ₹11,235 |
| 5 Hosur(Uzhavar Sandhai ) APMC | ₹9,500 |
| 6 Villupuram(Uzhavar Sandhai ) APMC | ₹9,000 |
| 7 Challakere APMC | ₹8,522 |
| 8 Perambalur(Uzhavar Sandhai ) APMC | ₹8,500 |
| 9 Vellore APMC | ₹8,500 |
| 10 Kalyandurg APMC | ₹8,300 |
| 11 Bapatla APMC | ₹8,250 |
| 12 Guntakal APMC | ₹8,000 |
04The Spread: Best vs Cheapest Yard
The gap between the day's dearest and cheapest market shows how wide the buying opportunity is — and whether it's worth carting produce further out.
The ₹7,969 (99.6%) gap between the dearest and cheapest yard shows there's real room to gain by choosing the market carefully, once transport is factored in.
05How Today Compares to the 2-Week Trend
Over the last two weeks, Groundnut prices at Challakere APMC ranged between ₹4,001 and ₹10,309, with the average around ₹8,165. When today's rate approaches or exceeds the recent high, it signals strong structural demand. Consistent performance near the upper band reinforces the mandi's credibility as a leading hub.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 24 Aug | ₹10,109 | ₹4,519 | ₹8,522 |
| 21 Aug | ₹10,239 | ₹4,651 | ₹9,000 |
| 19 Aug | ₹10,189 | ₹6,003 | ₹8,926 |
| 17 Aug | ₹10,309 | ₹5,566 | ₹8,636 |
| 07 Aug | ₹9,669 | ₹5,212 | ₹8,232 |
| 05 Aug | ₹9,429 | ₹5,006 | ₹8,300 |
| 03 Aug | ₹9,459 | ₹4,001 | ₹8,166 |
| 31 Jul | ₹9,309 | ₹5,009 | ₹7,783 |
| 29 Jul | ₹9,153 | ₹5,300 | ₹7,951 |
| 27 Jul | ₹8,889 | ₹5,001 | ₹7,658 |
| 24 Jul | ₹9,399 | ₹4,900 | ₹7,992 |
| 22 Jul | ₹8,569 | ₹6,111 | ₹7,689 |
| 20 Jul | ₹9,429 | ₹6,279 | ₹7,967 |
| 17 Jul | ₹9,099 | ₹6,511 | ₹8,140 |
| 15 Jul | ₹9,369 | ₹8,629 | ₹9,069 |
| 13 Jul | ₹9,299 | ₹5,601 | ₹8,254 |
| 10 Jul | ₹8,969 | ₹6,829 | ₹8,234 |
| 08 Jul | ₹9,286 | ₹7,689 | ₹8,487 |
| 06 Jul | ₹8,891 | ₹5,009 | ₹7,520 |
| 03 Jul | ₹8,791 | ₹6,418 | ₹8,223 |
Reviewing the recent daily data helps confirm whether this position is part of an ongoing trend or a short-term move driven by selective buying.
07At a Glance
08What It Means If You're Selling
When picking where to sell Groundnut, balance the headline rate against cartage and the risk of heavier arrivals trimming it at the gate.
09A Buyer's Angle
For buyers, a market that keeps leading is a good guide — but supply and transport still decide the best buy.
10The Quick Read
The takeaway: Challakere APMC reported Groundnut at this level on 24 Aug 2026. Watching the daily board across yards is the best way to track the trend.
Disclaimer: Prices are compiled from publicly available government mandi data (AGMARKNET / data.gov.in) and are for information only — not financial advice. Confirm the live rate at the mandi before trading.