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Informist, Thursday, Oct. 16, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Maize prices fell in Indore in Madhya Thursday due to higher arrivals but remained unchanged in other markets, traders said. Prices of rice and wheat were steady in key spot markets across the country, they said.

 

Price of MAIZE in Indore fell by INR 125 to INR 1,875 per 100 kilograms, due to higher arrivals, local trader Gaurav Kochar said. Prices of maize at Davanagere in Karnataka were largely steady at INR 1,600–INR 2,100 per 100 kg, Shiva Kumar, a local trader, said. Arrivals in Davangere were steady at 10,000 bags (1 bag = 60 kg), he said. Maize prices are likely to fall by INR 100–INR 200 due to demand after the festivals and increased arrivals, Kumar said. Arrivals are expected to rise up to 50,000 bags after Diwali, as traders are holding back crops ahead of the festival, he said.

 

Prices of WHEAT at Vashi in Navi Mumbai were steady at INR 2,800-INR 2,825 per 100 kg due to lack of fresh cues, Devendra Vora, a wholesale trader, said. Price of wheat in Indore was also steady at INR 2,000 per 100 kg, Kochar said. 

 

Meanwhile, there are concerns about wheat production in Punjab. Wheat output in the state is likely to fall 5–15% in the current crop year as recent floods, which submerged vast stretches of farmland, have eroded fertile topsoil and deposited thick layers of sand and silt, experts said. The Punjab government estimates that wheat production in the state will fall by 5–7%. Punjab contributes nearly 16% to India's total wheat output.

 

However, some experts expect these losses to be offset by higher wheat sowing and better yields in other major states such as Madhya Pradesh, Rajasthan, and Haryana on the back of good soil moisture and high reservoir levels. 

 

Prices of major RICE varieties across key markets were steady due to a lack of fresh cues, traders said. Basmati rice varieties, 1401 and 1121, were unchanged at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg, respectively, Vora said. The price of sona masoori rice, a premium non-basmati rice, was also steady at INR 5,000 per 100 kg at Bhavanipuram in Andhra Pradesh's Vijayawada, Ravi Shankar, a local trader, said. Sona masoori price is likely to remain steady till December, Shankar said. The price of 5% broken rice in Vashi was unchanged at INR 3,150 per 100 kg, Vora said.  End

 

Edited by Saji George Titus

 

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