Tag Archives: FOB

US price down; good crop conditions, expect higher yield; DDGS, good buy for protein source; India prices stable, sowing slow, may recover

ShareTweet US corn prices continue to weaken and slid again this week for the three contracts in the range of 1.4 – 1.9%. Sept down 1.88%to $146.13/MT; Dec down 1.61%to $148.97/MT and Mar down 1.41% to $153.69/MT. Based on lower CBOT prices the Corn prices on FOB basis too declined and were quoted at $195-194/MT (US […]

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International Corn prices up on higher domestic and international demand; India maize prices move lower on lower domestic demand

ShareTweet Mar 31, 2014 saw the USDA plating intentions report and it is projecting 2014 corn planted acres at 91.7 million acres, down 4% from last year. The biggest gainer will be Soybean and the planted area for 2014 is estimated at a record high 81.5 million acres, up 6 percent from last year. Based on […]

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Maize prices remain stable in India as well as the US; EPA refuses waiver to the ethanol mandate

ShareTweet Maize prices in India moved up on pan India average to Rs.12229 per MT, up 1.4% against last week. This week though the arrivals were poor as the whole sale commodity markets were closed for two day, Diwali and the Goverdhan puja. The prices were however higher than last year by 16.9%. Prices were […]

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Maize prices remain stable in India and the US; More rain now does not mean a large crop at this point

ShareTweet Maize prices on pan India basis remained almost stable at Rs.12310 per MT (down 0.6%), but were higher than last year by 14.1%. Prices at different locations were a mixed bag, higher at some locations and down in some. Prices were up in some key states Andhra Pradesh by 5.39% to Rs.11326 per MT; […]

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Maize prices rally in spot markets in India; US production challenged, productivity expected to take a hit

ShareTweet Maize prices in India specially in the spot markets rally and moved up. Pan India average for maize was up by 2.5% to Rs.12562 per MT and were higher than last year by 13.2%. While prices in Andhra Pradesh and Bihar were stable at Rs.10892 per MT and Rs.12400 per MT respectively, prices did […]

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Maize prices move up in futures and spot on monsoon delay or higher MSP?; Prices move up in US due to drought conditions in corn belt, productivity could be hit.

ShareTweet While on an average pan India basis, prices did remain stable at Rs.11025 per MT, a closer look at the state level reveals a different situation. Prices across the nation moved up on monsoon delay and announcement of higher MSP of almsot all coarse cereals. While rains have covered more than half of the country, […]

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Maize prices move lower in India on a good April harvest; Prices move up in US as of now, low for sept and dec contracts on the back of higher production estimates

ShareTweet Maize prices in India slid lower on the back of a good rabi (April) harvest in key states of Bihar, Tamil nadu, Parts of Karnataka and Andhra Pradesh. There will also be some stocks that will also be available in Uttar Pradesh. Prices on Pan India basis averaged Rs.11292 per MT, 1.3% lower than […]

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Maize prices move up, soy too – feed gets expensive; Corn prices in US also up

ShareTweet Maize prices moved up in the market yard by 0.2%to Rs.11384 per Mt. Prices were higher than last year by 6.9%. In the key production and some of the consumption centers, prices moved up. Andhra Pradesh, up by 0.47% to Rs.10569 per MT; Gujarat up by 1.3% to Rs.12446 per MT; Madhya Pradesh up […]

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Spot prices remain stable, future prices move up; Prices slide low in US; Production costs are high in the US

ShareTweet Maize prices on pan India basis averaged Rs.11408 per MT, stable against last week, higher than last year by 11.3%. Prices were up ins some of the key production states likes in Andhra Pradesh up by 0.53% to Rs.10452 per MT; Karnataka up by 0.18% to RS.10672 per MT; Madhya Pradesh up by 2.41% […]

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Maize prices move up waiting for new crop; International prices give support

ShareTweet Maize prices in India on average moved up by 4.3% this week to Rs.11400 per MT. Prices were higher than last year by 12.4%. Mixed bag prices in various markets. Prices were up in few markets – Andhra Pradesh by 2.64% to Rs.10397 per MT; Madhya Pradesh by 0.30% to Rs.11448 per MT and […]

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