India Grain: Maize prices down on weak poultry demand; wheat flat

India Grain: Maize prices down on weak poultry demand; wheat flat

Informist, Monday, Jul 18, 2022

 

By Tanya Rana

 

NEW DELHI – Prices of maize fell in Davanagere and Purnea today due to weak demand from poultry feed manufactures, while prices of wheat were flat across major markets, market participants said.

 

* Today, prices of MAIZE fell in Davanagere, Karnataka due to lower demand from poultry feed manufactures and millers, a local trader Shiva Kumar said.

 

* Arrivals were pegged steady at 1,000 bags today (1 bag = 65 kg).

 

* Prices of maize in the key market of Purnea, Bihar fell slightly today due to a fall in poultry demand, a local trader Kanhaiya Rastogi said.

 

* Arrivals in Purnea stayed at 30,000 bags, unchanged from Friday. 

 

* Prices of mill quality WHEAT were flat in Kota, Rajasthan, due to unchanged demand and supply, said local trader Aniket Mehta.

 

* Arrivals were pegged at 16,000 bags (1 bag = 50 kg), unchanged from Friday. 

 

* Prices of mill quality wheat were steady in Indore, Madhya Pradesh today despite low arrivals, said a local trader NK Agarwal. 

 

* Arrivals were pegged at 3,000 bags, down 2,000 bags from Friday, due to heavy rainfall in the region.

 

* Prices of BASMATI 1121 PADDY and BAJRA were largely unchanged across markets.

 

COMMODITY  MARKET     PRICE     CHANGE
 (rupees/100 kg)    (rupees)
WheatIndore      2,100-2,125               --
WheatKota      2,060-2,140               --
Maize    Davanagere            2,500

           (-) 50

MaizePurnea      2,100-2,300           (-) 10
Pusa 1121 basmati paddyAmritsar      3,120-3,160               --
BajraJaipur      1,400-1,500               --

 

End

 

Edited by Sushmita Mukherjee

 

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