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Informist, Tuesday, Oct. 7, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Prices of wheat at Kota in Rajasthan rose Tuesday due to crop damage caused by heavy rainfall. On the other hand, prices were steady in other key markets across the country, traders said. Prices of maize and rice remained unchanged due to lack of fresh cues, they said. Prices of maize are likely to fall as new crop arrivals increase in the market.

 

Prices of WHEAT in Kota rose by INR 10 to INR 2,550 per 100 kg, local trader Aniket Mehta said. Heavy rainfall has affected the standing crop, pushing prices upward. Arrivals in Kota were at 5,000 bags (1 bag = 50 kg). Prices of wheat at the Vashi market 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.

 

In terms of wheat acreage, Sumit Gupta, chief operating officer – Asia, Waseda Global Pvt. Ltd., projected a 2-3% increase, led by Madhya Pradesh, Gujarat, and Rajasthan. In Madhya Pradesh, wheat could replace a part of the area where chana used to be sowed, while in Gujarat, shifts from jeera and chana towards wheat are expected. Rajasthan may see acreage rising for both chana and wheat, supported by abundant soil moisture.

 

Prices of the 1401 and 1121 varieties of basmati RICE were unchanged 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 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. The price of 5% broken rice in Vashi was unchanged at INR 3,150 per 100 kg, Vora said.

 

Prices of MAIZE at Davanagere in Karnataka were steady at INR 2,250 per 100 kg, local trader Shiva Kumar said. Arrivals of the older grain were largely steady at 200-300 bags (1 bag = 60 kg). However, the new crop has begun arriving in the market. "Arrivals of the new crop stood at 50 bags and these were priced at INR 1,600 per 100 kg," Kumar further 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 lower prices are a result of higher 25-30% moisture in the grain, compared with the acceptable moisture level of 14%. Early arrivals of the kharif crop always contain more moisture as they are not dried enough before sending to the market, he said. Area sown under maize in India was up at 9.5 million hectares as of Friday, from 8.4 million hectares a year ago.  End

 

Edited by Nishant Maher

 

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