Informist, Wednesday, May 25, 2022
By Tanya Rana
NEW DELHI – Prices of maize in Purnea, a major market in Bihar, fell sharply today due to weak demand for the poor quality crop. Prices of wheat were flat across the country, traders said.
* Prices of MAIZE slumped in Purnea today due to weak demand from bulk buyers as the crop has been damaged due to cyclonic storm Asani, local dealer Kanhaiya Rastogi said.
* Arrivals were pegged at 150,000 bags (1 bag = 65 kg), unchanged from Tuesday.
* Thousands of maize farmers suffered heavy losses in Bihar after their crops were damaged by thunderstorms and rain over the last few days.
* Prices of maize in Davanagere, a major market in Karnataka, were flat due to demand-supply parity, local trader Shiva Kumar said.
* In Davanagere, arrivals were pegged at 1,000 bags.
* Prices of mill-quality WHEAT in Indore, Madhya Pradesh, were flat today due to steady demand and arrivals, said local trader N.K. Agarwal. In Indore, arrivals were pegged at 12,000 bags (1 bag = 50 kg).
* In Kota, Rajasthan, prices of wheat were steady. Arrivals were pegged at 33,000 bags, up 3,000 bags from Tuesday, said local trader Chander Khandelwal.
* Prices of BASMATI 1121 PADDY and BAJRA were largely unchanged across markets.
| COMMODITY | MARKET | PRICE | CHANGE |
| (rupees/100 kg) | (rupees) | ||
| Wheat | Indore | 2,050-2,100 | -- |
| Wheat | Kota | 2,050 | -- |
| Maize | Davanagere | 2,100 | -- |
| Maize | Purnea | 2,100-2,220 | (-) 80 |
| Pusa 1121 basmati paddy | Amritsar | 3,120-3,160 | -- |
| Bajra | Jaipur | 1,400-1,500 | -- |
End
Edited by Avishek Dutta
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