Karnataka Chief Minister Siddaramaiah has appealed to Prime Minister Narendra Modi to intervene urgently as farmers across the state grapple with a sharp decline in maize and green gram prices.
Read MoreMaize farmers across several regions are facing severe distress as market prices have plunged drastically, falling far below the Minimum Support Price (MSP) as well as the basic cost of production. The sudden price crash has left cultivators worried about recovering even their input expenses such as seeds, fertilizer, labour, and transportation.
Read MoreMaize prices, however, remained unchanged π½βοΈ, as balanced supply and demand kept the market stable. Adequate arrivals and lack of fresh buying interest prevented any major price movement in maize.
Read MoreMaize prices in the Indore market moved higher on Tuesday, supported by increased demand from ethanol manufacturers. Traders said steady buying from distilleries has tightened local supplies, leading to an upward trend in prices.
Read MoreMaize prices declined across key markets on Tuesday due to heavy arrivals and subdued demand π½π. Market participants said increased inflows from producing regions added pressure on prices, while buying activity from traders and bulk consumers remained weak.
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