Business · 25 Oct
Rice pre-booking to lock prices; Telangana farmers get ₹3,000-₹3,500 per quintal in open markets
AI summaryFarmers in Telangana are increasingly selling paddy in open markets for ₹3,000–₹3,500 per quintal due to higher prices, a trend known as pre-booking. This shift contrasts with the previous season when farmers had to wait weeks at government procurement centres. The rise in prices is linked to El Nino-triggered water shortages and state appeals to reduce Rabi sowing.
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