Stay updated with breaking news from Maize Prices. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Farmers in Karnataka, Andhra Pradesh, Telangana and Tamil Nadu have reportedly been witnessing wilting in Bengal gram (chana) and shrivelling of paddy and cobs in maize
Maize prices in India have surged by 20% in the first two weeks of January compared to October due to increased demand after the government's plans to procure the commodity for ethanol production. This move comes as restrictions are placed on using sugar for biofuel production. The prices are expected to stay firm in the coming months, and there could even be a shortage of the commodity.
A tale of two sides of the coin with gleeful consumers and morose cereal producers.
Crop Development PS Harsama Kello said they expect over 44 million bags of maize.
He said they are watching market forces to avoid destablising prices and hurting businesses.