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India Grain: Kota wheat falls on rise in supply; maize in Purnea down

Informist, Friday, Jul 22, 2022


By Tanya Rana


NEW DELHI – Prices of wheat fell today in Kota, Rajasthan, due to increase in arrivals amid steady demand from millers, and those of maize also edged lower in Purnea, a major market in Bihar, said market participants.


* In Kota prices of mill-quality WHEAT fell due to an increase in arrivals amid steady demand, local trader Aniket Mehta said.


* Supply increase as farmers are offloading their stocks due to high prices.


* Arrivals were pegged at 15,000 bags (1 bag = 50 kg), up 4,000 bags from Thursday.


* Prices of mill-quality wheat were flat in Indore, Madhya Pradesh. Arrivals were estimated at 8,000 bags, down 2,000 bags from the previous day, local trader NK Agarwal said.


* Prices of MAIZE fell slightly in Purnea due to an increase in supply amid steady demand from poultry feed manufacturers, local dealer Kanhaiya Rastogi said.


* Arrivals in Purnea were pegged at 30,000 bags (1 bag = 65 kg), up 7,500 bags from Thursday. 


* Prices of maize in Davanagere, a major market in Karnataka, were unchanged.


* Arrivals were estimated at 1,000 bags, unchanged from the previous day, local trader Shiva Kumar said.


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


COMMODITY  MARKET     PRICE     CHANGE (rupees/100 kg)    (rupees)WheatIndore      2,175-2,225               —WheatKota      2,060-2,130           (-) 10Maize    Davanagere            2,400


MaizePurnea      2,100-2,310           (-) 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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