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Informist, Monday, Mar. 30, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of maize rose, while prices of wheat and rice were unchanged in some key spot markets across the country, traders said. Maize prices rose in Davangere, Karnataka, due to lower-than-expected supply as new rabi crop arrivals are yet to begin, they said. Prices of wheat and rice were steady in the Vashi market in Navi Mumbai, Maharashtra, due to low market activity, they said. Prices of grains in other markets were unavailable as they were shut, they said.

 

Prices of MAIZE in Davangere rose by INR 50 from Friday to INR 1,700-INR 1,850 per 100 kg, said Shiva Kumar, a local trader. Arrivals doubled to 2,000 bags (1 bag = 60 kg), he said. Though arrivals have risen, they are lower than expected as new rabi crop arrivals have not begun yet, he said. With most farmers away for festivals and the financial year-end, arrivals are "still low," supporting prices, he said.

 

WHEAT prices in Vashi were steady at INR 2,700 per 100 kg, said Devendra Vora, a local trader. Prices of various varieties of RICE were also steady in the market, Vora said. Prices of 1401 basmati rice were at INR 8,500–INR 8,700 per 100 kg, 1121 basmati at INR 9,400–INR 9,500 per 100 kg, and 1509 basmati rice at INR 8,500 per 100 kg. 

 

Prices are unchanged amid tepid market activity, with most market participants busy with book-keeping ahead of the financial year-end, Vora said. Prices are expected to remain range-bound this week as many spot markets across the country will be shut due to the end of the financial year and festivals such as Mahavir Jayanti, he said.

 

Unseasonal rainfall accompanied by thunderstorms and strong winds are expected over large parts of northwest India over the coming days, raising concerns about potential losses to standing crops, private weather agency Skymet said. Many parts of the region have recorded a continuous spell of showers in the past two weeks, which has impacted the standing wheat crop, Vora said. However, the extent of the crop damage is not worrisome, he said.

 

Prices of wheat in Kota, Rajasthan, were unavailable as the market was shut for Mahavir Jayanti, said Ravi Mehta, a local trader. Prices of wheat and maize in Indore, Madhya Pradesh, were also unavailable as the market was closed, said Gaurav Kochar, a local trader.  End

 

Edited by Avishek Dutta

 

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