Informist, Thursday, Jul 14, 2022
By Tanya Rana
NEW DELHI – Prices of wheat rose today in Kota, Rajasthan, due to improved demand from local buyers, while those of maize edged lower in Davanagere, a major market in Karnataka, due to feeble demand from millers, said market participants.
* Prices of mill quality WHEAT rose in Kota due to good demand from flour millers and stockists, said local trader Aniket Mehta.
* Arrivals were pegged at 6,000 bags (1 bag = 50 kg), unchanged from the previous trading day.
* "Arrivals are expected to remain low for the next few weeks as farmers are busy sowing other crops such as paddy and soybean, and also because of monsoon," said a trader.
* On the other hand, prices of mill quality wheat were steady today in Indore, Madhya Pradesh. Arrivals were pegged steady at 5,000 bags, said a local trader N.K. Agarwal.
* Today, prices of MAIZE fell for the second straight day in Davanagere due to decreased demand from millers, a local trader Shiva Kumar said.
* Arrivals were steady at 1,000 bags (1 bag = 65 kg).
* Prices of maize in key market of Purnea, Bihar, were steady today despite a fall in supply, a local trader Kanhaiya Rastogi said.
* Arrivals in Purnea were pegged at 22,250 bags, down 7,500 bags from Wednesday, due to unfavourable weather conditions in the region.
* Prices of BASMATI 1121 PADDY and BAJRA were largely unchanged across markets.
| COMMODITY | MARKET | PRICE | CHANGE |
| (rupees/100 kg) | (rupees) | ||
| Wheat | Indore | 2,100-2,125 | -- |
| Wheat | Kota | 2,060-2,120 | 20 |
| Maize | Davanagere | 2,550 | (-) 30 |
| Maize | Purnea | 2,100-2,300 | -- |
| Pusa 1121 basmati paddy | Amritsar | 3,120-3,160 | -- |
| Bajra | Jaipur | 1,400-1,500 | -- |
End
Edited by Deepshikha Bhardwaj
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