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Grain-based ethanol makers asked India to revise maize-based ethanol procurement prices for 2026-27. The government barred oil marketers from buying sugar-based ethanol, and maize prices have risen sharply to around Rs 27 per kg.
Diverting ethanol demand toward rice and foodgrain feedstocks may limit maize's role in biofuel use. Higher Indian maize prices tighten local feed supply.
financialexpress.comNov 2, 2026After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
