Despite excellent production, the price of maize in Bihar is high

03-Jun-2024 08:36 PM

Saharsa. Bihar is considered to be the most important producer of maize during the Rabi season. Its production there is estimated to increase by about 10 lakh tons from 67 lakh tons last year to 77 lakh tons this time because on one hand there was a good increase in the sowing area and on the other hand, the weather conditions also remained favorable to a great extent.

This time the condition of maize crop has been very good in Saharsa, Purnia, Khagaria, Begusarai, Darbhanga, Supaul and Shivhar and other producing districts.

It seemed that due to excellent production, the prices of maize would soften this time. The government was also focused on this, which was planning to buy it in large quantities from farmers at the minimum support price for ethanol manufacturers.

But due to the large quantity of purchase by major industries as well as big companies, the price of maize did not soften and its price remained higher than the government support price.

There is a strong demand for maize in poultry feed, animal feed manufacturing and starch manufacturing industry and grain based distilleries are also buying maize for ethanol production.

In northern India, currently, only Bihar is getting heavy arrival of maize, while now the crop has started ripening in Bahraich, Kannauj and Farrukhabad districts of Uttar Pradesh. On the other hand, the pressure of arrival of new maize may increase in some districts of Punjab by mid-June.

As a result, starch manufacturers of states like Punjab, Bihar, Haryana and Gujarat may reduce their dependence on Bihar.

Experts say that the prices of maize in Bihar have already reached a high level, so if there is a decrease in buying, there may be a softening of prices by 50-100 rupees per quintal.

The crop is also said to be good in UP. Sowing of Kharif season maize is going to start soon while the crop of Zaid season has also started coming.