Maize On NCDEX Settled Up By 0.27% At 1476

Maize on NCDEX settled up by 0.27% at 1476 on short covering tracking firmness in spot demand. Maize cultivators in the rain-fed region of Ariyalur and Tiruchi districts have been keeping their fingers crossed due to drought condition which had resulted in fall in quality and quantity of the produce this season. The crop has been raised on a total extent of 24,500 hectares in these districts -- 12,500 hectares in Ariyalur disitrict and 12,000 hectares in Tiruchi district. Major villages are located in the Pullambadi block on the border of these two districts, Mannachanallur, Thuraiyur and Uppliyapuram besides part of Thottiyam block - all in Tiruchi disitrict and Kaulpalayam, Sendurai, Jayamkondam and Gangaikondacholapuram in the Ariyalur district.

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