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Informist, Monday, Jul. 21, 2025

By J. Navya Sruthi

MUMBAI – Prices of wheat were down in Kota in Rajasthan Monday due to increased supply in the market as intensity of rainfall over the state has reduced, traders said. However, prices of wheat in most key markets, rice, and maize were steady due to lack of fresh cues, traders said.   

WHEAT prices in Kota, Rajasthan, were down at INR 2,490-INR 2,515 per 100 kilogram from INR 2,530-INR 2,540 per 100 kg the previous day as arrivals saw a jump, said Aniket Mehta, a local trader. Arrivals rose to 10,000 bags from 2,500 bags (1 bag = 50 kg) as the intensity of rainfall in the state has decreased, he said. Mehta added that arrivals are likely to remain higher as the rainfall has reduced now in the state and this will weigh on prices. 

Prices of wheat in Indore, Madhya Pradesh, were steady from the previous day at INR 2,790 per 100 kg, Gaurav Kochar, a local trader, said. The prices of wheat at the Vashi market in Navi Mumbai were steady at INR 2,725 per 100 kg, said Devendra Vora, a wholesale dealer. In Delhi, the price of the food grain was down by INR 5 at INR 2,780 per 100 kg, traders said. Vora said prices are likely to remain range-bound for next two weeks, with a slight upward bias. 

Traders are also waiting for the government to start selling wheat under the open market sales scheme. The government usually starts wheat sales in the open market from Jul. 1. It has set a reserve price of INR 2,550 per 100 kg for open market sales of wheat in the rabi marketing year 2025-26 (Apr-Mar).

MAIZE prices in Indore remained steady from the previous day at INR 2,300 per 100 kg, Kochar said. Prices are likely to remain range-bound with a slight positive bias due to lower arrivals in the market, he added. During the ongoing kharif season, experts and market participants see a slight shift from crops like soybean and cotton to maize due to higher returns following demand from ethanol plants for the grain. 

According to data released by Ministry of Agriculture and Farmers Welfare, acreage of maize, the second-largest cereal crop during the kharif season was at 7.1 million hectares, up over 15% on year as of Friday.

Prices of 1401 basmati RICE at Vashi market held steady from the previous day at INR 7,300-INR 7,400 per 100 kg, wholesale dealer Vora said. Prices of 1121 basmati rice variety were also steady at INR 7,800-INR 8,000 per 100 kg. Prices of broken rice remained stable from the previous day at INR 2,700 per 100 kg, he said. Prices of sona masoori rice from the previous season, which is known as old grain, held steady at INR 5,200 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, local trader Ravi Shankar, said. The crop that was harvested in Mar-May is priced at INR 4,600 per 100 kg as consumers usually prefer old rice over new, he added. 

The area sown under paddy was up over 12% at 17.7 million hectares as of Friday. Paddy is the largest grain crop, in terms of both acreage and output, sown during the kharif season. Prices are likely to remain range-bound in the near term.  End

Edited by Vandana Hingorani

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