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Informist, Tuesday, Sept. 9, 2025

By Udita S. Jaiswal

MUMBAI – Prices of maize fell slightly Tuesday in Karnataka's Davanagere as arrivals of the new crop started in a few parts of the state, traders said. Prices of non-basmati rice rose at Bhavanipuram in Vijayawada as millers increased prices, fearing damage to standing crops, traders said. Prices of wheat remained steady in key markets across the country, they said. 

MAIZE prices in Davanagere fell INR 100 to INR 2,250 per 100 kilograms as arrivals of the grain from the current season started in neighbouring markets, local trader Shiva Kumar said. Prices fell in Davanagere despite low arrivals, as fewer buyers were present in the market due to new arrivals in other markets.

Arrivals in Davanagere fell to 200–300 bags (1 bag = 60 kg) from 500 bags on Monday, Kumar said. Traders expect maize prices to fall further to INR 2,100 per 100 kg, due to the arrival of the new crops in other parts of the country.

Despite heavy rainfall over key maize-growing states like Madhya Pradesh and Karnataka, there has been no damage to the crop sown during the kharif season. According to a report by Crisil Intelligence, there was no damage caused to the maize and paddy crops due to the recent heavy rains. As of Friday, the acreage of maize rose over 12% on year to 9.5 million hectares, according to data released by the Ministry of Agriculture and Farmers Welfare.

The price of Sona Masoori, premium non-basmati RICE, rose by INR 600 to INR 5,200 per 100 kg at Bhavanipuram, local trader Ravi Shankar said. Prices rose as millers increased rice rates, expecting damage to the paddy crop in the current season due to recent heavy rains. "The millers increased rates despite ample stock with them," Shankar said.

Shankar also said there were no sales in the market currently at this high rate. "There are enough stocks with dealers and traders, so they will not buy at this high price," he said. He expects prices to fall by more than INR 600, as new crop arrivals are set to start in October, following the rise that was "artificially driven".

Prices of 1401 and 1121 basmati rice remained largely steady in Navi Mumbai's Vashi at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg due to lack of fresh cues, local trader Devendra Vora said.  The prices of 5% broken rice were also unchanged at INR 3,150 per 100 kg, he said. 

Prices of WHEAT were steady in Vashi at INR 2,800–INR 2,825 per 100 kg, Vora said. Prices of wheat in Delhi were also unchanged from the previous day at INR 2,850 per 100 kg, according to traders.  End

With inputs from J. Navya Sruthi

Edited by Saji George Titus

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