News Capsule: Grains Market Update
07-Apr-2026 08:35 AM
News Capsule: Grains Market Update
★ Prices of wheat, maize, and rice remained steady across major markets on Monday. The market is currently assessing the impact of unseasonal rains on rabi crops—especially wheat and maize—which may influence prices in the coming days.
★ Wheat prices are stable due to limited demand. Arrivals of the new crop have begun, but mixed quality (good, average, and lower grade) has kept demand subdued. Going forward, price direction will depend on crop quality as peak arrivals begin after mid-April.
★ Maize prices are also steady as demand remains balanced. However, continuous rains have affected crop quality, which may lead to some price movement ahead.
★ Rice prices across major varieties are unchanged, supported by stable domestic as well as export demand.
★ At present, the market remains stable, but weather-related quality concerns may lead to fluctuations in prices in the near term.