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Maize prices in Karnataka, India, have risen above ₹3,000 per quintal in Bagalkot and several other markets. Drought has cut the planted area in Bagalkot sharply and damaged much of the remaining crop, while the government has reportedly barred ethanol production from sugarcane this season, shifting demand to maize.
Lower drought-hit supply combined with added ethanol demand for maize supports regional prices, which now sit well above the government support price of ₹2,410 per quintal.
urbanacres.inUrbanAcres EditorialNov 2, 2026After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
