15/05/2016

 Maize (Zea mays L) is one of the most widely distributed crops of the world which is cultivated in diverse agro climatic conditions of tropics, sub-tropics and temperate regions.  Globally, maize is known as queen of cereals because it has the highest genetic yield potential among the cereals. Maize is utilized domestically for poultry and cattle feed, food, starch manufacturing and other industrial purposes.

Total maize production in India was around 20.06 MMT in 2015-16 against yearly total demand of 18.41 MMT. Andhra Pradesh, Karnataka, Bihar, Maharashtra, Madhya Pradesh, Tamil Nadu, Rajasthan and Uttar Pradesh together contribute 75 per cent of area and 78 per cent of maize production in India. As per trade sources, in karnataka, stock of maize could be around 500,000 MT in the hands of Private traders, which was 400,000 MT during the corresponding period of last year.

Maize sourced from Davangere move towards Bangalore, Nammakal, and Chennai. Market is expected to trade steady to slightly firm in the near term due to high demand. As per trade sources, in Davangere, stock of maize could be around 100,000 MT in the hands of private traders, which was 150,000 MT during the corresponding period of last year.

Major markets of maize in Karnataka are Davanagere, Belgaum and Bagalkot. The sowing period of maize in Karnataka starts from the mid of May and harvesting by middle of November. In order to assist the farmers regarding suitable sowing decision, the NIAP funded Network project on Market Intelligence, functioning in the Department of Agricultural Marketing, Co-operation and Business Management, UAS Bangalore collected the modal prices of maize that prevailed in Davangere market during the last ten years and econometric analysis was carried out to predict the prices of maize for the harvesting months.  Also an opinion survey of maize traders was conducted. Based on the analysis and Market survey, it is forecasted that maize would fetch a modal price of around Rs.1350 - 1400 per quintal during harvesting months. *This forecast strictly prevails for current market sentiments & monsoon and could definitely vary with changes in rainfall to be received and market situation as mentioned above. Farmers are advised to take suitable sowing decisions.


 

RESEARCH TEAM

Dr. M. S. Jayaram, Dr. C. P. Gracy, Dr. M. R. Girish,

Sowmya Shree. K.L  andMangala V Reddy

Department of Agricultural Marketing, Co-operation and Business Management

    UAS, GKVK, Bangalore-65