Maize, a key crop in India, is widely used in animal feed, food production, and industrial processes. Prices of maize vary significantly across states and markets. This article presents an analysis of maize arrivals and prices in prominent markets of Madhya Pradesh and Rajasthan on December 23, 2024.
Barwani Mandi: Barwani Mandi, maize arrivals were recorded at 27.2 tons. The prices for yellow maize ranged between ₹2,150 and ₹2,211 per quintal, with the model price also standing at ₹2,211 per quintal. These prices closely matched the Minimum Support Price (MSP), signaling market stability.
Chhapra Mandi: Chhapra Mandi, the arrival of yellow maize stood at 14.2 tons. The prices remained consistent at ₹2,200 per quintal for minimum, maximum, and model rates, indicating a stable price trend in this market.
Jabalpur Mandi: Jabalpur Mandi witnessed a low arrival of maize, at just 8.8 tons. Despite the reduced supply, the prices of local maize stayed steady at ₹2,200 per quintal across all categories—minimum, maximum, and model prices.
Seoni Mandi: Seoni Mandi, maize arrivals were reported at 17.1 tons. The local maize prices ranged from ₹2,130 to ₹2,140 per quintal, with the model price also at ₹2,140 per quintal. Compared to other markets in Madhya Pradesh, Seoni recorded slightly lower prices.
Kapasan Mandi: Kapasan Mandi, hybrid maize arrivals were recorded at 14.8 tons. The prices showed a broad range, from ₹2,000 per quintal at the minimum to ₹2,500 per quintal at the maximum, with a model price of ₹2,250 per quintal. This significant variation reflects the influence of quality and demand on pricing.
Kota Mandi: Kota Mandi reported the highest maize arrivals in Rajasthan, at 35 tons. The prices of other maize varieties ranged from ₹2,169 to ₹2,312 per quintal, with the model price set at ₹2,250 per quintal. The market displayed price stability despite the high arrivals.
Conclusion: Maize prices on December 23, 2024, remained largely stable in the markets of Madhya Pradesh and Rajasthan. Barwani and Kota mandis demonstrated notable price steadiness, while Seoni mandi reported relatively lower rates. These insights provide valuable guidance to farmers and traders, helping them make informed decisions based on current market conditions.
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