Maize Settled Down By -1.26% At 1493



Maize settled down by -1.26% at 1493 tracking weakness in spot demand and overseas prices amid bearish fundamentals. As per Government data, maize has been sown in 8.14 lakh hectares as on now lower by 1.51 lakh hectares than the corresponding period of last year as Bihar has covered 1.85 lakh hectares; lower by 1.69 lakh hectares for the corresponding period of last year. 

However, other growing states like Tamil Nadu, Maharashtra and Karnataka have covered 1.80, 1.54, 1.80 and 0.79 lakh hectares so far respectively which are higher than corresponding period of last year. In Tamilnadu, maize has been sown in 1.8 lakh hectares as higher by 0.10 lakh hectares than the corresponding period of last year while in Coastal Karnataka, it has been sown in 0.81 lakh hectares lower by 0.03 lakh hectares than the corresponding period of last year. In Gujarat, maize has been sown in 0.46 lakh hectares lower by 0.12 lakh hectares than the corresponding period of last year while in Maharashtra; it has been sown in 1.92 lakh hectares, higher by 0.37 lakh hectares than the corresponding period of last year.

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