Maize trading range for the day is 1170-1224.
Maize dropped as good kharif supplies are ensuring that the prices don't spurt much and there are worries over export demand tooNot much of an activity is seen in local markets as the peak procurement season is still a few months away.Maize production in India this year is likely to touch record 25 million tonnes as adequate monsoon rains trigger higher acreage.
USDA’s crop progress report projected a 169-bushel average yield and production could surpass 14 billion bushels, putting pressure on prices.
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