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Informist, Thursday, Dec. 4, 2025 

 

By Udita S. Jaiswal

 

MUMBAI – Prices of maize, wheat, and rice remained unchanged in the key spot markets of the country Thursday due to lack of fresh cues, traders said. Prices of wheat are expected to remain steady in the near term, they said. Prices of maize were unavailable due to the ongoing protest by farmers in Davanagere, Karnataka, demanding that the state government procure maize at the minimum support price.

 

Prices of MAIZE in Indore, Madhya Pradesh, were steady at INR 1,725 per 100 kg due to lack of fresh cues, Gaurav Kochar, a local trader, said. Traders expect the protest by farmers in Davanagere continue for the next 10 days. They do not expect the state government to buy maize at the minimum support price, as "the Karnataka government does not have enough money to buy at the minimum support price," local trader Shiva Kumar said.

 

Prices of WHEAT in Indore remained unchanged at INR 2,730 per 100 kg, Kochar said. Prices of average quality wheat in Kota, Rajasthan, were largely steady at INR 2,500 per 100 kg, Ruchit Mehta, another local trader, said. Arrivals in Kota were steady at 2,000 bags (1 bag = 50 kg). Prices are expected to remain steady as traders do not see any demand in the near term. Prices of the staple grain at Vashi in Navi Mumbai were also steady at INR 2,800–INR 2,825 per 100 kg, wholesale trader Devendra Vora said.

 

Moreover, prices are expected to remain at the same level as at the beginning of the season in July due to oversupply and subdued buying, said Ajay Goyal, the chairman of the Wheat Products Promotion Society. Even Open Market Sale Scheme operations have seen low participation from traders, with sales happening just once a fortnight and less than one-third of the wheat being lifted.

 

Prices of major varieties of RICE were steady, traders said. In Vashi, prices of basmati 1401 and 1121 varieties remained unchanged at INR 7,100-INR 7,300 per 100 kg and INR 8,400-INR 8,800 per 100 kg, respectively, according to Vora.

 

The price of sona masoori rice, a premium non-basmati variety, was stable at INR 5,500-INR 5,600 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, said Ravi Shankar, a local trader.  End

 

Edited by Ashish Shirke

 

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