# Karnataka Maize Prices Cross ₹3,000 Amid Drought

> 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.

- Date: 2026-11-02 · published 2026-11-03T00:05:34.745Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/76361-karnataka-maize-prices-cross-3-000-amid-drought
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-10-29 | [Midwestern Drought Threatens Crops, Food Prices](https://feedsoft.ai/events/56414-midwestern-drought-threatens-crops-food-prices.md) | +2.7% | +1.1% |
| CORN | 2025-01-22 | [CBOT corn and soybean prices surge amid drought in Argentina – ProAgri Media](https://feedsoft.ai/events/11810-cbot-corn-and-soybean-prices-surge-amid-drought-in-argentina-proagri-media.md) | -0.8% | +3.8% |
| CORN | 2024-04-10 | [Southern Africa drought: Impacts on maize production \| IFPRI](https://feedsoft.ai/events/30648-southern-africa-drought-impacts-on-maize-production-ifpri.md) | +0.1% | +2.3% |
| CORN | 2019-01-30 | [Drought pushes up jowar, maize prices; losses for poultry units \| India News - The Indian Express](https://feedsoft.ai/events/61140-drought-pushes-up-jowar-maize-prices-losses-for-poultry-units-india-news-the.md) | +0.2% | -0.3% |
| CORN | 2018-03-05 | [Argentina drought bakes crops, sparks grain price rally](https://feedsoft.ai/events/65847-argentina-drought-bakes-crops-sparks-grain-price-rally.md) | +1.0% | +5.4% |

## Sources

- urbanacres.in: https://urbanacres.in/karnataka-maize-prices-cross-%E2%82%B93000-as-drought-cuts-supply/

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