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Latest Maize market prices today in Madhya Pradesh (28 November, 2024)

Maize price
Maize price

Maize prices hold significant importance for both farmers and traders. These prices fluctuate based on factors like market demand, supply, and the quality of the maize variety. Let’s dive into the latest maize prices across major mandis in Madhya Pradesh and their detailed analysis.

Maize prices in Madhya Pradesh mandis:

Mandi Name Arrivals (in tons) Variety Min Price (₹/quintal) Max Price (₹/quintal)
Bhopal 22.61 Local ₹ 2,150 ₹ 2,319
Guna 1954.69 Local ₹ 2,005 ₹ 2,525
Harda 1046.59 Deshi Red ₹ 2,025 ₹ 2,025
Indore 35.21 Deshi Red ₹ 2,149 ₹ 2,371
Lakhnadon 609.7 Local ₹ 1,900 ₹ 2,225
Lateri 175.35 Local ₹ 1,800 ₹ 2,335
Loharda 39.14 Local ₹ 2,110 ₹ 2,286
Mandla 9.3 Maize/Corn-Organic ₹ 2,050 ₹ 2,050
Mandsaur 7.63 Local ₹ 2,301 ₹ 2,421
Sehore 42.98 Deshi Red ₹ 2,210 ₹ 2,210
Neemuch 372.3 Deshi Red ₹ 1,800 ₹ 3,081
Paatan 367.54 Deshi Red ₹ 2,200 ₹ 2,315
Ashoknagar 1394.37 Deshi Red ₹ 1,790 ₹ 2,360

Analysis of Mandi Prices:

Highest and Lowest Prices:

  1. Highest Price: Neemuch recorded the highest price at ₹3081 per quintal.
  2. Lowest Price: Ashoknagar registered the lowest price at ₹1790 per quintal.

Average Prices:

  1. Indore: The average price for Desi Lal maize was ₹2371.
  2. Guna: Recorded an average price of ₹2290.
  3. Bhopal: The average price stood at ₹2235, reflecting good demand for quality maize.

Organic Maize Prices:

  1. Mandla: The average price for Organic Maize/Corn was ₹2050 per quintal.

Mandis with High Arrivals:

  1. Guna: With a massive arrival of 1954.69 tons, the average price was ₹2290.
  2. Ashoknagar: Reported an arrival of 1394.37 tons, with an average price of ₹2340.

Suggestions for Farmers and Traders

  1. Farmers: Focus on improving crop quality and promoting organic maize production to secure better prices.
  2. Traders: Analyze market trends and price variations to make timely purchases for maximum profitability.

Conclusion: Maize prices in Madhya Pradesh vary significantly across mandis due to demand, supply, and quality factors. This information empowers farmers to choose the right market for their crops and helps traders in strategic planning.

Read More... Heavy Drop in Onion Prices in Madhya Pradesh, A Cause for Concern for Farmers and Traders

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