EPIC RESEARCH NCDEX MAIZE UPDATE OF 10 MAY 2017

Maize trading range for the day is 1452-1504. Maize prices ended with losses on profit booking after prices seen supported amid fresh demand and arrival pressure. The U.S. Department of Agriculture's weekly crop progress report rated 53 percent of the U.S. winter wheat crop in good to excellent condition. NCDEX accredited warehouses maize stocks gained by 41 tonnes to 1186 tonnes. In Nizamabad maize spot prices dropped -1.1 Rupees to 1523 Rupees per 100kgs.

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