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Maize prices at the Lasalgaon agricultural market in Maharashtra reached ₹3,000 per quintal, a ten-year high. The article attributes reduced output and market supply to below-normal rainfall associated with El Niño across Maharashtra, Karnataka, Tamil Nadu and Andhra Pradesh, while strong demand from poultry and ethanol producers has added to the supply-demand gap.
The reported average price was ₹2,921 per quintal, compared with ₹1,851 a year earlier.
Lower production is tightening Indian maize availability while poultry and ethanol demand remains strong, lifting local corn prices and potentially increasing feed costs for poultry buyers.
pudhari.newsपुढारी वृत्तसेवाNov 5, 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.
