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Informist, Monday, Oct. 6, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Prices of wheat at Kota in Rajasthan fell Monday on low demand, while they were steady in other key markets across the country, traders said. Prices of maize and rice remained unchanged due to a lack of fresh cues, they said. Prices of maize are likely to fall as new crop arrivals increase in the market, they said. 

 

Prices of WHEAT at Kota fell by INR 10 to INR 2,540 per 100 kilograms on low demand, local trader Aniket Mehta said. Prices of wheat at Vashi in Navi Mumbai remained unchanged at INR 2,800-INR 2,825 per 100 kg, due to lack of fresh cues, wholesale trader Devendra Vora said. He expects prices to remain steady in the near term due to subdued sales of the staple grain.

 

Prices of wheat at Indore in Madhya Pradesh were also unchanged at INR 2,800 per 100 kg, local trader Gaurav Kochar said. He said prices are likely to fall by INR 100 to INR 2,700 per 100 kg as arrivals are likely to increase, as farmers tend to sell the grain before the sowing of rabi crops starts. However, the fall in prices is expected to be limited due to demand ahead of Diwali.  

 

India's rabi wheat acreage is expected to rise by 2-4%, supported by ample monsoon rainfall, high reservoir levels, and assurances of government procurement, government officials and industry experts told Informist Friday. Experts said farmers are likely to maximise wheat acreage this rabi season, encouraged by robust government support at the minimum support price and additional state-level bonuses.

 

However, market participants say that sowing of rabi crops, which usually starts in mid-October, is likely to be delayed this time as harvesting of kharif crops has been delayed due to continued rainfall, Vora said.

 

Prices of the 1401 and 1121 varieties of basmati RICE were steady at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg, respectively, due to lack of fresh cues, Vora said. The price of 5% broken rice in Vashi was unchanged at INR 3,150 per 100 kg, he said. The price of sona masoori rice, a premium non-basmati rice, remained unchanged at INR 5,000 per 100 kg at Bhavanipuram in Andhra Pradesh's Vijayawada, local trader Ravi Shankar said. Prices are expected to remain unchanged till November, he said. 

 

Prices of MAIZE in Indore were steady at INR 2,000 per 100 kg, Kochar said. Prices are likely to fall by INR 100 to INR 1,900 per 100 kg as the new arrivals start in Madhya Pradesh, he said. Prices of maize at Davanagere in Karnataka were steady at INR 2,250 per 100 kg, Shiva Kumar, a local trader, said. Arrivals were also largely steady at 200–300 bags (1 bag = 60 kg). New crop arrivals have started in Davanagere and the grain is priced at INR 1,600 per 100 kg, Kumar said. Prices are lower than the minimum support price of INR 2,400 per 100 kg, which was set for 2025-26 (Oct-Sept). These low prices are a result of higher moisture in the grain, at 25-30% moisture, compared to the acceptable moisture level of 14%, Kumar said.  End

 

Edited by Saji George Titus

 

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