Maize On NCDEX Settled Up By 0.85% At 1422

Maize on NCDEX settled up by 0.85% at 1422 on short covering after prices dropped due to new crop arrival. In Davangere stock of maize could be around 5,00,000 quintal which is same compared to last year. Argentine corn should benefit this season from high yields brought by good weather, the Buenos Aires Grains Exchange said, adding that it may increase its harvest estimate above the current 54.8 million tonnes.

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