Kharif Rice Procurement Trends in 2024

January 3, 2025

Recently, the Kharif rice procurement landscape has shown varied results across state of Indias. Punjab and Haryana, known for their agricultural output, have reported lower procurement figures compared to previous years. Despite this, the overall Kharif rice production is projected to reach a record 119.93 million tonnes, marking a 6% increase from the previous year. The Agriculture Ministry’s initiatives, including crop diversification, have played role in shaping these outcomes.

Current Procurement Overview

The procurement targets for Kharif rice in 2024-25 stand at 492.11 lakh tonnes. The Food Corporation of India (FCI) has achieved 64% of this target within three months, primarily driven by robust procurement in Punjab and Haryana. In the October to December period, rice procurement rose by 4.3%, totalling 313.13 lakh tonnes compared to 300.15 lakh tonnes in the previous year.

State-wise Procurement Performance

Punjab has recorded a procurement of 116.30 lakh tonnes, down 6.5% from last year’s 124.35 lakh tonnes. Haryana’s figures also fell to 35.99 lakh tonnes from 39.49 lakh tonnes. In contrast, states such as Madhya Pradesh and Bihar have reported increases in procurement, showcasing the diverse agricultural dynamics across India.

Notable Increases in Other States

Chhattisgarh’s rice procurement reached 52.84 lakh tonnes, a decrease of 37% compared to the previous year. However, Telangana’s procurement rose by 4% to 28.25 lakh tonnes. Uttar Pradesh recorded a 5.5% increase, reaching 23.88 lakh tonnes. Madhya Pradesh experienced a remarkable 43.5% surge, totalling 16.65 lakh tonnes, while Maharashtra’s procurement increased by 6%.

Challenges in Specific States

Andhra Pradesh, affected by floods and cyclones, still managed a 77% increase in procurement, reaching 10.98 lakh tonnes. Conversely, Odisha’s procurement fell by 11.9% to 7.87 lakh tonnes, although an anticipated increase is expected due to government incentives. West Bengal and Tamil Nadu also reported lower procurement figures, attributed to earlier harvesting periods and changing agricultural conditions.

Punjab’s procurement fell short of its 124 lakh tonne target.
Chhattisgarh’s rice procurement decreased by 37% year-on-year.
Bihar’s procurement surged by 63.7%, reaching 6.79 lakh tonnes.
Telangana’s procurement increased to 28.25 lakh tonnes.
Odisha’s government plans to buy rice at ₹3,100/quintal.

Future Expectations and Projections

The Agriculture Ministry anticipates that Kharif rice production will continue to rise, potentially reaching record levels in future seasons. The government’s focus on improving procurement systems and encouraging crop diversification is expected to enhance overall agricultural productivity. As states adapt to changing conditions, the long-term trends in rice procurement will reflect these efforts.

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