EPIC RESEARCH NCDEX UPDATE OF MAIZE 5 AUGUST 2016

Maize trading range for the day is 1482-1510.Maize dropped tracking weakness in spot demand and overseas prices amid favorable weather outlook across key U.S. growing regions. Forecast for global corn ending stock was also raised by 8 MMT to 213 MMT compared to last month and 6 MMT compared to last year.In Karnataka, Maize has been sown in 10.12 lakh hectares as on 22nd July’16; which is higher than last year’s 7.65 lakh hectare.In Nizamabad maize spot prices gained 6.25 rupees to 1731.25 rupees per 100kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co