Maize Market Report - 12 Jun 25
Dear friends, the maize market in North India is currently facing a dual challenge. On one hand, the arrival of new crops from Punjab and Uttar Pradesh has increased sharply, putting pressure on prices. On the other hand, demand from the cattle feed and starch industries remains weak. In Punjab, mandi prices are around ₹2100 per quintal, while local quality is trading between ₹2200-2225, and UP/Bihar quality is fetching ₹2260-2280. High-quality Bihar maize is being preferred by industries in Haryana and Punjab at delivery rates of ₹2330-2350. In Uttar Pradesh, despite good crop output, the increasing arrivals have brought mandi prices down to ₹1970-2000 per quintal. In Sambhal mandi, 40,000 bags of new maize arrived today, priced between ₹1700-2100 per quintal. Given the current demand in this region, major price drops are not expected here.
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Looking at Punjab and Haryana, Karnal mandi recorded wet maize at ₹1300-1400 and dry maize at ₹1950-2060. Ladwa mandi had a top rate of ₹2125, Tohana ₹2025, Gharaunda ₹2010, Ambala ₹2075-2100, and Tarn Taran between ₹1000-2125. In Khargone (MP), 5000 quintals arrived and prices dropped by ₹10-15 to ₹2120 due to weak cattle feed demand. As per ABIS Exports, delivery prices are: Muzaffarpur ₹2130, Suri (WB) ₹2180, Jagdishpur (UP) ₹2200, Rayjhar (Odisha) ₹2335, Rajpura (Punjab) ₹2330, Palsana (Rajasthan) ₹2260, and Rajnandgaon (Chhattisgarh) ₹2275. For UP-origin crop: Rajpura ₹2265, Palsana ₹2220, Jagdishpur ₹2140. In Gulabbagh mandi, maize traded at ₹1925-2050, rake point at ₹2000-2050, and stock point at ₹2190-2230. Purnia also showed similar price ranges.
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In Maharashtra’s premium maize segment: Ahire ₹2625, Poyand ₹2650, Mundwa ₹2620, Malegaon ₹2505, Narayangaon ₹2610, Sarsa ₹2570, Aajra ₹2625, Parner (Kanhiya Agro) ₹2600, and Bhairavnath Foods ₹2595. In Gujarat, UP maize is being delivered at ₹2320-2340, and Bihar maize in MP at ₹2250-2300. Karnataka prices reached ₹2400 due to poultry demand; Andhra-Telangana remained stable at ₹2350 and Tamil Nadu at ₹2490-2500.
In conclusion, due to heavy arrivals of new crop, weak industrial demand, and ongoing talks around possible ethanol/DDGS imports from the US, the maize market remains under pressure. There is currently little hope for a sharp price rise, though prices are also unlikely to fall much further from current levels. The market may remain range-bound in the short term. Please trade wisely.
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मैं लवकेश कौशिक, भारतीय नौसेना से रिटायर्ड एक नौसैनिक, Mandi Market प्लेटफार्म का संस्थापक हूँ। मैं मूल रूप से हरियाणा के झज्जर जिले का निवासी हूँ। मंडी मार्केट( Mandibhavtoday.net) को मूल रूप से पाठकों को ज्वलंत मुद्दों को ठीक से समझाने और मार्केट और इसके ट्रेंड की जानकारी देने के लिए बनाया गया है। पोर्टल पर दी गई जानकारी सार्वजनिक स्रोतों से प्राप्त की गई है।