Keeping track of the latest maize prices in various markets across Uttar Pradesh is crucial for both farmers and traders. On August 16, 2024, the maize prices varied slightly in the Bhajoi, Jaswantnagar, Kamalganj, and Visoli markets. This article provides an analysis of today’s maize prices in these markets and assesses whether they are around or above the Minimum Support Price (MSP).
Bhajoi market, there was a substantial arrival of 98 tons of yellow maize today. The prices ranged between ₹2000 to ₹2200 per quintal, with the modal price being ₹2100 per quintal. The maize prices in Bhajoi are close to the Minimum Support Price (MSP).
Jaswantnagar market, 6.5 tons of yellow maize arrived today. The prices here ranged between ₹2050 to ₹2450 per quintal, with the modal price at ₹2250 per quintal. The maize prices in Jaswantnagar are slightly above the MSP.
Kamalganj market witnessed a significant arrival of 140 tons of yellow maize today. The prices ranged between ₹2200 to ₹2300 per quintal, with the modal price at ₹2250 per quintal. The maize prices in Kamalganj are above the MSP.
Maize Prices in Visoli: Visoli, a large quantity of 317.4 tons of yellow maize was recorded today. The prices ranged between ₹2000 to ₹2300 per quintal, with the modal price at ₹2150 per quintal. The maize prices in Visoli are close to the MSP.
Conclusion: On August 16, 2024, there was some variation in maize prices across major markets in Uttar Pradesh. However, in most markets, prices remained around or above the MSP. This situation is favorable for farmers, and they should base their trading decisions on this information.
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