Groundnut — Frequently Asked Questions
Quick answers about MSP, season and trading Groundnut. Updated from live mandi data.
What is the MSP of Groundnut?+
The Minimum Support Price for Groundnut for Kharif 2024 is ₹6,783 per quintal, announced by the Government of India on the recommendation of CACP.
When is Groundnut sown and harvested?+
Groundnut is a Kharif & Rabi crop in India.
• Sowing: June / Nov
• Harvest: Oct / Mar
• Peak mandi arrivals: Nov – Feb
What is the current mandi price of Groundnut?+
Based on the last 22 mandi reports tracked on MyVillagers.in, the modal price of Groundnut ranges from ₹5,200 to ₹9,500 per Quintal, averaging ₹6,938. The latest reported modal price was ₹7,800 on 2026-06-20.
When is the best time to sell Groundnut?+
Mandi arrivals peak during Nov – Feb, which typically pushes prices lower. Selling 4–8 weeks after peak arrivals — once stocks taper — often fetches better rates, provided storage and credit needs allow. Always compare local mandi rates and check MSP before deciding.
Tips for buyers / traders of Groundnut+
• Buy in bulk during peak arrival months when modal prices dip.
• Check FAQ moisture and quality grade before lifting — APMC arrivals vary widely.
• Use the Live Mandi Dashboard to spot the lowest-price mandis in your reach.
• For storage, plan against monsoon humidity — fungal loss can wipe out price gains.
Is MSP procurement available for Groundnut?+
Yes — Groundnut is on the official MSP list. Procurement is handled by FCI / NAFED / state agencies through registered procurement centres during the marketing season. Farmers must register on their state procurement portal (e.g., e-Uparjan, Meri Fasal Mera Byora) and bring proof of land records.