Price of maize would remain stable, Expected to be around Rs. 1,300

July 25, 2015

The price of good quality maize grains will prevail around Rs.1,300 to Rs. 1,320 a quintal between October and November. Most probably the price of maize would remain stable during the harvest during October- November. In a price advisory, the Agro Market Intelligence and Business Promotion Centre (AMIBPC) of the Department of Agricultural Marketing and Agri Business point out about the price slab of good quality maize. The price advisory was based on an analysis of the prices that had prevailed in the Udumalpet regulated market for 22 years. At present, maize price is prevailing at Rs. 1,340 to Rs. 1,350 per quintal in Udumalpet regulated market. At the time of harvest of kharif maize in October and November, 2015, poultry feed and industry demand will be met by local maize production in the TamilNadu. The AMIBPC has indicated that in Tamil Nadu, the maize area was 0.30 million hectares of land with a production of 1.64 million tonnes in 2013-14. Tuticorin, Virudhunagar, Dindigul, Tirunelveli, Tirupur, and Salem districts are major kharif maize producing districts in Tamil Nadu. Now, arrivals from Tamil Nadu have come to an end and arrivals from Odisha have started. Arrivals from Karnataka will start from July second week onwards. In 2013-14, maize cultivation area in India was 9.43 million hectares with production being 24.35 million tonnes. Karnataka, Andhra Pradesh, Bihar, Maharashtra, and Tamil Nadu are the major maize growing districts of the country, the price advisory said.The analysis was done by the back office of AMI and BPC in the Centre for Agricultural and Rural Development Studies (CARDS), Tamil Nadu Agricultural University, to provide market intelligence to farmers.