Tuesday 18 April 2017

EPIC RESEARCH NCDEX MAIZE UPDATE OF 18 April 2017

Maize trading range for the day is 1467-1523. Maize prices ended with gains tracking firmness in spot demand and overseas prices amid delays in planting in the United States. Rain showers forecast across the western half of the U.S. grain belt this week are likely to stall farmers as they try to plant corn. The U.S. Department of Agriculture (USDA) said the U.S. corn crop was 3 percent seeded by April 9, matching the five-year average. In Nizamabad maize spot prices gained 3.85 Rupees to 1492.5 Rupees per 100kgs.

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