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Informist, Tuesday, Nov. 11, 2025

 

By Udita S. Jaiswal

 

MUMBAI – Wheat, rice, and maize prices remained steady in key spot markets across the country Tuesday due to a lack of fresh cues, traders said. Prices of maize are expected to decline in the short term as arrivals of the kharif crop increase in the market while prices of non-basmati rice are likely to remain unchanged in the near term, they added.

 

Prices of WHEAT in Vashi, Navi Mumbai, remained steady at INR 2,800-INR 2,825 per 100 kilograms, Devendra Vora, a wholesale trader, said. Vora expects prices to remain steady until there is any further notice regarding the open market sales scheme for wheat. Prices of wheat in Kota, Madhya Pradesh, were largely steady at INR 2,770 per 100 kg due to lack of fresh cues, Gaurav Kochar, a local trader, said. 

 

As of Friday, the acreage under wheat, a major rabi crop, was at 2.27 million hectares, up a whopping 128% on year from 998,000 hectares sown in the corresponding period last year, according to the agriculture ministry data. Wheat is grown only in the rabi season in India.

 

Prices of MAIZE in Indore were steady at INR 1,780 per 100 kg, Kochar said. Prices of maize in Davanagere, Karnataka, remained largely stable at INR 1,600–INR 1,940 per 100 kg, said local trader Shiva Kumar. Arrivals in Karnataka rose to 20,000 (1 bag = 50 kg) bags from 10,000 bags Monday as the quality of the harvested crop improved. Initially, farmers were holding back their crop, which had been exposed to high levels of moisture due to excessive rainfall. However, with little to no rainfall in the past few weeks, exposure to prolonged periods of sunlight has dried out the grain, improving its quality, he said. 

 

Prices of major varieties of RICE remained steady in key markets due to lack of fresh cues. Prices of basmati rice varieties, 1401 and 1121, remained unchanged at INR 7,500-INR 7,600 per 100 kg and INR 8,000-INR 8,300 per 100 kg, respectively, at the Vashi market, Vora said. The price of sona masoori rice, a premium non-basmati rice, remained stable at INR 5,200-INR 5,300 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, local trader Ravi Shankar said. Prices are expected to remain steady in the near term, he said. 

 

As of Friday, the acreage of rabi paddy was 618,000 hectares, up 8.2% on year from 571,000 hectares last year, data from the ministry showed.  End

 

Edited by Subhojit Sarkar

 

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