Maize
trading range for the day is 1472-1512.Maize prices dropped tracking
weakness in spot demand despite USDA pegged the condition of the crop
below market forecasts.USDA said 74 percent of the corn crop was rated
good to excellent, below market expectations of 75 percent good to
excellent. The IGC raised its forecast for the 2016/17 global corn
production by 15 MMT to 1017 MMT compared to last projection. In
Nizamabad maize spot prices dropped -1.35 rupees to 1719.35 rupees per
100kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Wednesday, August 10, 2016
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