Groundnut Cultivation in Karnataka
Karnataka is the 5th-largest producer of Groundnut in India. Groundnut (मूँगफली) here is a oilseed crop with a Kharif (Sow: Jun-Jul, Harvest: Oct-Nov) season (Kharif (Sow: Jun-Jul, Harvest: Oct-Nov)). The prices above reflect wholesale rates at Karnataka's regulated APMC mandis; the actual rate you get depends on grade, moisture and the day's arrivals.
Groundnut MSP & Procurement in Karnataka
The Minimum Support Price for Groundnut is ₹7,517/quintal (Kharif 2026-27). Government agencies procure Groundnut at MSP in Karnataka during the marketing season, so you should never sell below ₹7,517. Today's market modal price of ₹7,009 is below MSP - prefer a government procurement centre.
Where to Sell Groundnut in Karnataka
Sell at your nearest APMC mandi - major ones include APMC Yeshwanthpur, Hubli APMC, Mysuru APMC, Kolar Tomato Market, Belagavi Mandi. Compare rates across 2-3 mandis the same day, grade and clean your produce for 15-20% higher bids, and register on eNAM to reach buyers beyond Karnataka. Use a Kisan Credit Card for storage finance to sell in the lean season.
Government Support for Karnataka Groundnut Farmers
Karnataka Groundnut growers can use PM Kisan income support, crop insurance, and irrigation subsidies (drip, solar pump). See everything on the Subsidy Finder.