EPIC RESEARCH NCDEX UPDATE OF MAIZE 10 AUGUST 2016

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