{
  "id": 134147,
  "title": "Markfed makes profit in e-auction of nearly 11LT of maize procured in Rabi",
  "url": "https://urgent.news/2026/08/04/markfed-makes-profit-in-e-auction-of-nearly-11lt-of-maize-procured-in",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-04T15:13:28.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/telangana/markfed-makes-profit-in-e-auction-of-nearly-11lt-of-maize-procured-in-rabi/article71302433.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Telangana Cooperative Marketing Federation (Markfed) recently conducted an e-auction for nearly 11 lakh tonnes of maize procured during the Rabi season, resulting in a profit of ₹1,500 per tonne compared to the procurement price. The agency opted for an e-auction instead of the traditional e-tender method to sell the maize, which would otherwise face storage challenges due to limited space. The auction, held over three phases, yielded an average price of ₹25,370 per tonne, with the highest price reaching ₹26,500 per tonne.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}