Maize Price Continues To Decline

Coimbatore: Maize prices continued subdued in the week that passed and the price was ruling lower by 3 per cent over previous week at Rs 6,850 per tonne. The total corn planting in India this year was increased by 6.1 per cent at 7.617 million hectares, compared with the 2006 planting area of 7.174 million hectares. The Bajra (pearl millet) prices also decline marginally by two per cent over previous week at Rs 6,300. As against maize, the millet price was lower by 7.8 per cent. The price of sorghum had registered maximum fall of 10 per cent last week at Rs 8,300-Rs 8,350 per tonne, though it is in comparison with the maize price higher by 22 per cent.