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Informist, Tuesday, Apr. 7, 2026

 

By Shreya Shetty

 

MUMBAI – Prices of wheat showed a mixed trend Tuesday and prices of maize and rice were steady across the country, traders said. Prices of average quality wheat were unchanged amid steady demand, while prices of good-quality wheat rose in Kota, Rajasthan, due to higher demand, they said. Maize prices were steady as demand matched supply, while rice prices were unchanged amid stable demand, they said.

 

Prices of average quality WHEAT in Kota were steady at INR 2,300-INR 2,451 per 100 kg, said Ravi Mehta, a local trader. Prices of the best quality wheat rose by INR 50 per 100 kilograms from Monday to INR 2,500-INR 2,700 per 100 kg, he said. Arrivals halved to 100,000 bags (1 bag = 50 kg), he said. Prices of good quality wheat have risen because of higher demand, he said. "Every buyer wants the best quality wheat, so prices have risen, but there are some millers who are still purchasing the average quality crop, keeping those prices steady," he said.

 

Of the total arrivals, 40% are of good quality wheat while the rest of average to low-quality, Mehta said. A part of the rabi wheat crop has been damaged due to the ongoing wet spell in many parts of the country, and particularly in northern states. However, the damaged crop is still edible and is usually processed into flour, he said.

 

Arrivals have reduced considerably as Food Corp. of India commenced its procurement in Rajasthan on Monday, Mehta said. With the central nodal agency procuring the grain at the minimum support price of INR 2,585 per 100 kg, many farmers, who would not have got such prices in the market, are selling their crop to the agency, he said. "Farmers with average quality wheat are earning INR 300-INR 400 per 100 kg more by selling it to FCI," he said. Prices of wheat could be supported if the government's procurement continues at a steady rate, he said.

 

Prices of wheat in Indore, Madhya Pradesh, were unchanged at INR 2,450 per 100 kg, said Gaurav Kochar, a local trader. Prices of wheat in the Vashi market in Navi Mumbai, Maharashtra, were unchanged at INR 2,600 per 100 kg, said local trader Devendra Vora.

 

MAIZE prices in Indore were steady at INR 1,900 per 100 kg, Kochar said. Prices are unchanged as demand for the coarse grain is on par with its supply, he said. Arrivals of the new rabi crop have begun, and they are expected to peak by mid-April, which could weigh on prices, he said. The market is assessing the damage to the standing rabi crop due to the ongoing wet spell, he said. While the damage is unlikely to be as bad as that of the wheat crop, it could impact prices in the medium term, he said.

 

Prices of maize in Davangere, Karnataka, were steady at INR 1,750-INR 1,850 per 100 kg, said Shiva Kumar, a local trader. Arrivals were steady at 1,000 bags (1 bag = 50 kg), he said. Prices are unchanged amid stable demand, he said.

 

Prices of various RICE varieties were also steady, Vora said. Prices of 1401 basmati rice were 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 stable demand for both basmati and non-basmati varieties of rice, he said.  End

 

Edited by Ashish Shirke

 

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