Rice Market Prices Surge Sharply: Rates Cross ₹7,300 in Varanasi and Ghaziabad Markets

Rice prices witnessed a strong upward trend across major agricultural markets on May 29, 2026, bringing positive news for farmers and traders. According to today’s mandi price update, premium-quality Basmati rice received exceptionally high rates in several markets, reflecting strong buyer demand.

The latest market report shows that Agra mandi in Uttar Pradesh recorded the highest rice arrivals of more than 304 tonnes. Despite the heavy supply, demand remained stable, especially for superior-quality rice, helping prices stay firm in the market.

Meanwhile, premium Basmati rice prices crossed ₹7,300 per quintal in Varanasi and Ghaziabad mandis. Long-grain rice with good aroma, shine, and clean quality continued to attract higher bids from traders and bulk buyers.

Compared to ordinary rice varieties, Basmati and premium-grade rice are currently performing much better in the market. Trade experts believe that wedding season demand, hotel consumption, and export orders are supporting the rise in premium rice prices.

Rice Arrivals and Prices in Uttar Pradesh (29 May, 2026):

Market Analysis: Arrivals and Price Trend:

• Among all mandis, Agra recorded the highest rice arrivals at over 304 tonnes. Even with such large arrivals, the market remained strong and prices touched ₹5,096 per quintal for quality produce.
• Ghaziabad and Varanasi emerged as the top-performing markets, where premium Basmati and superior-quality rice sold for more than ₹7,300 per quintal. This clearly indicates strong demand for high-grade rice in the domestic market.
• Farmers and traders also received good prices in Noida, Banthra, and Bareilly mandis. On the other hand, prices of ordinary rice varieties remained mostly between ₹2,200 and ₹2,500 per quintal in several markets.
• The market trend clearly shows that low arrivals combined with better grain quality are helping farmers secure premium prices.

Suggestions for Farmers:

1. Farmers should separate Basmati and premium-quality rice through proper grading to secure better prices.
2. Proper cleaning and moisture control before sending produce to the market can improve selling rates.
3. Prices may remain under pressure in mandis with heavy arrivals, so farmers should also compare rates in nearby markets.
4. Farmers with storage facilities may consider holding stock until stronger market opportunities emerge.
5. Regularly tracking mandi price updates can help farmers choose the right market and selling time for maximum profit.

FAQs:

1. Which mandi recorded the highest rice arrivals on 29 May 2026?

Agra mandi recorded the highest rice arrivals with more than 304 tonnes.

2. Which mandis offered the highest Basmati rice prices?

Varanasi and Ghaziabad mandis offered Basmati rice market prices above ₹7,300 per quintal.

3. Why are premium rice prices increasing?

Strong export demand, wedding season buying, and hotel consumption are supporting premium rice prices.

4. What is the average price of ordinary rice varieties?

Ordinary rice varieties traded mostly between ₹2,200 and ₹2,500 per quintal in many mandis.

5. How can farmers get better rice prices?

Farmers can secure better rice prices through proper grading, cleaning, and moisture control before selling in the mandi.