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Informist, Monday, Jan. 5, 2026

 

By Udita S. Jaiswal

 

MUMBAI – Prices of wheat in Vashi, Navi Mumbai, rose due to firm demand while those in Indore, Madhya Pradesh, fell due to low demand amid higher prices, traders said. Prices of maize in Indore rose due to low arrivals in the market. Prices of rice remained unchanged due to lack of fresh cues, they said. 

 

Prices of WHEAT in Vashi market rose by INR 75 per 100 kilograms to INR 3,000 per 100 kg, wholesale trader, Devendra Vora said. The upward movement in prices is driven by firm demand, he said. The market is awaiting further cues regarding the open-market sales scheme, he said.

 

Food Corp. of India started wheat auctions for the rabi marketing season 2025–26 (Apr-Mar) on Nov. 12, but only two auctions have been held after it shifted to fortnightly auctions from weekly ones due to weak sales and poor buying interest from millers and processors amid ample market supply. The government ultimately suspended the auctions on Dec. 10.

 

Prices of wheat in Indore fell by INR 80 per 100 kg as buyers stopped purchases due to the high prices of the grain, said Gaurav Kochar, a local trader. Wheat prices in Kota, Rajastan, were unchanged at INR 2,525-INR 2,580 per 100 kg, said Ravi Mehta, a local trader. Arrivals in the market were also steady at 3,000 (1 bag = 50 kg) bags from the previous day, he said.

 

MAIZE prices in Indore rose by INR 35 per 100 kg to INR 1,835 per 100 kg due to low arrivals in the market, Kochar said. Rabi maize sowing is "99% complete", Kochar said, adding that the final acreage is likely to remain largely the same as last year.

 

In a major relief to maize-growing farmers facing distress sales due to a sharp fall in market prices, the Karnataka government on Sunday approved a Market Intervention Scheme for the 2025-26 kharif season to compensate farmers for price shortfalls below the benchmark rate. Under this scheme, a market intervention price of up to INR 2,150 per 100 kg has been fixed for maize. The decision follows record maize production in the state during the current kharif season, Hindustan Times reported, citing a government official.

 

Prices of major varieties of RICE were unchanged in Vashi, Vora said. The prices of the 1401 and 1121 basmati varieties were unchanged at INR 7,800-INR 8,000 per 100 kg and INR 8,400-INR 8,800 per 100 kg, respectively, Vora said. Prices are likely to remain steady in the near term due to comfortable supplies, with ample arrivals and stocks with the government, he said.

 

Prices of sona masoori rice, a premium non-basmati variety of rice, were also unchanged at INR 5,600-INR 5,800 per 100 kg at Bhavanipuram in Vijayawada, Andhra Pradesh, said Ravi Shankar, a trader. Prices were unchanged due to low trade in the market owing to lack of demand and are expected to remain steady in the near term, he said.  End

 

Edited by Akul Nishant Akhoury

 

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