In the mandi rate roundup for 23 Oct 2026, Groundnut was quoted at ₹8,636 per quintal in Challakere APMC. The price-position and spread sections below place this rate in its wider context.
01What Put Challakere APMC on Top Today
A day's rate at any single yard reflects the local balance of arrivals and buyers, which is why it can sit above or below other markets.
- Highest Recorded Price₹10,119
- Lowest Price Today₹4,800
- Average (Modal) Price₹8,636
- Reporting Mandis12
- Date23 Oct 2026
- CommodityGroundnut (Gejje)
02How Strong Is Today's Rate, Really
Here's where today's Groundnut rate lands within its recent low-to-high range.
Today's rate is about 3.2% above the period average and just 16.5% short of the period high. A price holding this high in the range usually points to firm structural demand rather than a one-off bid.
03How Other Mandis Compare Today
This table ranks Groundnut rates across active mandis for 23 Oct 2026, making it easy to spot the best-paying market.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Pandhurna APMC Leader | ₹12,500 |
| 2 APMC Amarawati APMC | ₹11,250 |
| 3 Hosur(Uzhavar Sandhai ) APMC | ₹9,500 |
| 4 Jameenrayapettai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 5 Pallavaram(Uzhavar Sandhai ) APMC | ₹9,500 |
| 6 Himatnagar APMC | ₹9,500 |
| 7 Modasa(Tintoi) APMC | ₹9,355 |
| 8 Warangal APMC | ₹9,100 |
| 9 Tiruvannamalai(Uzhavar Sandhai ) APMC | ₹9,000 |
| 10 Villupuram(Uzhavar Sandhai ) APMC | ₹9,000 |
| 11 APMC Katol APMC | ₹9,000 |
| 12 Chengam(Uzhavar Sandhai ) APMC | ₹9,000 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Groundnut.
At ₹3,500 (38.9%), the spread is wide enough that where you sell Groundnut matters as much as when — net of freight and quality cuts.
05How Today Compares to the 30-Day Trend
Over the last 30 days, Groundnut prices at Challakere APMC ranged between ₹3,449 and ₹10,346, with the average around ₹8,365. 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 (₹) |
|---|---|---|---|
| 23 Oct | ₹10,119 | ₹4,800 | ₹8,636 |
| 19 Oct | ₹9,661 | ₹3,689 | ₹8,244 |
| 23 Sep | ₹10,191 | ₹5,089 | ₹8,901 |
| 18 Sep | ₹10,109 | ₹3,449 | ₹8,663 |
| 11 Sep | ₹10,346 | ₹6,011 | ₹9,112 |
| 09 Sep | ₹10,299 | ₹6,889 | ₹9,155 |
| 07 Sep | ₹10,176 | ₹5,555 | ₹8,887 |
| 04 Sep | ₹10,289 | ₹4,650 | ₹8,764 |
| 31 Aug | ₹10,141 | ₹6,389 | ₹8,991 |
| 28 Aug | ₹10,239 | ₹5,119 | ₹8,923 |
| 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 |
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
The headline Groundnut rate looks attractive, yet the smart move is to net it against distance, quality cuts and timing.
09A Buyer's Angle
Buyers tend to treat a reliably high yard as the benchmark, then work their nearby purchases around it.
10The Quick Read
Net-net, Challakere APMC posted this Groundnut rate on 23 Oct 2026. Compare it with nearby yards and keep an eye on the daily update for the direction.
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.