Maize Weekly Report- Rollercoaster Ride In Prices This Week

06-Sep-2025 06:51 PM

Maize Weekly Report

Delhi Bilty Market (Uttar Pradesh Line)

This week, bilty cut rates in Delhi’s Uttar Pradesh line remained completely stable.

Uttar Pradesh prices stood firm at ₹2,350 per quintal, while Bihar prices also remained stable at ₹2,600 per quintal.

Uttar Pradesh – Jhangirabad Mandi

At the beginning of the week, prices in Jhangirabad mandi were ₹2,100–2,150 per quintal, but pressure increased mid-week.

On September 4, prices dropped to ₹1,900–2,200 per quintal, and by September 6, when the mandi reopened, they fell further to ₹1,800–2,200 per quintal.

This week, Jhangirabad mandi clearly showed a downward trend in maize prices.

Maharashtra – Jalna Mandi

Prices in Jalna mandi remained steady throughout the week at ₹1,750–2,300 per quintal.

Maharashtra – Sangli Mandi

Sangli mandi was the most stable this week.

From the beginning of the week until Wednesday, prices held steady at ₹2,400–2,475 per quintal.

On September 5, a minor decline was recorded, bringing prices down to ₹2,400–2,450 per quintal.

On September 6, slight weakness continued, closing at ₹2,375–2,450 per quintal.

Bihar – Gulabbagh Mandi

Prices in Gulabbagh mandi stayed stable throughout the week in the range of ₹2,150–2,350 per quintal.

Karnataka – Gulbarga Mandi

Gulbarga mandi opened on September 3 and 4, with prices ranging from ₹2,300–2,500 per quintal.

Overall Market Trend

Overall, maize markets showed a mixed trend.

Due to rising demand, the ongoing kharif season witnessed the highest increase in sowing. Across all states, maize acreage expanded, and according to government data as of August 28, 2025, kharif maize sowing reached 9.4 million hectares, an increase of 0.93 million hectares compared to last year—the largest ever maize sowing for kharif.

This significant expansion clearly indicates higher production. Although heavy rains in several states damaged crops, the increased sowing area is expected to offset this, limiting any negative impact on total output.

Meanwhile, sugar and rice are now increasingly being used for ethanol production—a practice previously restricted.

As a result, maize use for ethanol may slightly decline this year. However, if ethanol prices from maize are raised, the opposite could happen, leading to increased maize diversion toward ethanol.

This reflects the shift in time: maize, once primarily used as animal feed, is now being turned into fuel.