Maize On NCDEX Settled Up By 0.41% At 1455



Maize on NCDEX settled up by 0.41% at 1455 due to high feed makers demand. In India, maize has been sown in around 15.96 lakh hectares which is higher than 14.49 lakh hectare covered during corresponding period last year. In Maharashtra, it has been sown in around 2.73 lakh hectares which is higher than 2.12 lakh hectare covered during corresponding period last year. In Bihar, it has been sown in around 4.48 lakh hectares which is higher than 4.38 lakh hectare covered during corresponding period last year. The International Grains Council raised its forecast for the global grains crop in 2016/17 from an already record level, partly driven by improved outlook for China's corn crop.

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