Commodity Outlook – Maize

Sowing period: June to July
Harvesting period: December
Crop season: Kharif

Sowing period: October
Harvesting period: March
Crop season: Rabi

Key growing locations for Maize Kharif and Maize Rabi:

  1. Karnataka – Haveri, Shimoga, Davangere, Hassan, Chitradurga
  2. Andhra Pradesh – Kurnool, West Godavari
  3. Maharashtra – Nashik, Sangli, Jalgaon, Aurangabad, Buldhana, Jalana
  4. Madhya Pradesh – Chhindwara, Betul, Dhar, Khargone, Burhanpur, Badwani, Dindori
  5. Uttar Pradesh – Hardoi, Bahraich, Etah, Gonda, Kanpur, Farukhabad
  6. Bihar – Gulabbagh

Production trend and Stock position:

  • According to Ministry of Agriculture, Maize has been sown in around 69.27 lakh hectares (lh) as on August 2, 2019 which is higher than 69.03 lh covered during the corresponding period last year and up by 0.35 percent.
  • Maize crops are at sowing to vegetative stage. Pests and Diseases reported nil till date and reports of fall armyworm are below Economic Threshold Level (ETL) level in Mahboobnagar, Gadwal and Khammam districts as per Agriwatch website.

Prices of the Futures and physical market Spot prices of Maize Rabi are currently in tandem with each other.

Market commentary: Price outlook

  • Prices of Maize in the physical markets are likely to trade steady to slightly firm in the immediate/short term.
  • Overall physical market prices of Maize in major markets would trade from current levels of Rs. 2,200 to 2,300 per quintal to above 2,400 levels due to arrival pressure which has reduced and new crop would not come before the month of October.

More Articles for You

Weekly Cotton Report

Current Market Developments: Cotton prices continue to trade firm as supplies are limited against higher consumption demand in spot markets. …

Healthy Tips for Healthy Soybean

Soybean is a short-day plant requiring hot weather for optimum production. They are adapted to grow in many soils (pH …

Weekly Soybean Report

As depicted in the adjacent chart Soybean prices in major trading centers have cooled off on higher availability against subdued …

Weekly Maize Report

Current Market Developments: During this week, Maize prices in most of the spot markets have declined tracking subdued demand in …

Go-to Guide for Good Groundnuts

Groundnuts are a popular food source worldwide, consumed either as peanut butter or groundnut oil or simply as a confectionary …

Weekly Wheat Report

Key Market Developments: During the week, Wheat prices in most of the spot markets of Delhi, Uttar Pradesh, Madhya Pradesh, …

WhatsApp Connect With Us