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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           (-) 10Pusa 1121 basmati paddyAmritsar      3,120-3,160               —BajraJaipur      1,400-1,500               —




Edited by Sushmita Mukherjee


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Source: Cogencis

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