# Select grains firm up on increased offtake

> Wholesale prices of select Indian grains rose by up to Rs 20 per quintal as consuming industries increased their offtake. Bajra and maize prices in New Delhi rose by Rs 10 and Rs 20 per quintal. Traders attributed the gains to restricted supplies from producing regions.

- Date: 2016-05-16 · published 2016-05-16T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/6788-select-grains-firm-up-on-increased-offtake
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Strong industrial demand against tight regional supply lifts domestic feed grain prices in India. The move is modest and mostly local.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/select-grains-firm-up-on-increased-offtake-116051600523_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.