Tamil Nadu: Maize may fetch ₹2,700 a quintal during harvest, says TNAU
Tamil Nadu Agricultural University forecasts maize prices to hover around ₹2,700 per quintal at the farm gate during the harvest season. The estimate is based on 15 years of Udumalpet market data and a market survey, while actual prices will depend on maize arrivals from Bihar.
Maize prices in Tamil Nadu are likely to hover around ₹2,700 a quintal at the farm gate during the harvest season, according to a pre-harvest price forecast by Tamil Nadu Agricultural University (TNAU).
The university’s Domestic and Export Market Intelligence Cell (DEMIC), under the Department of Agricultural Economics, Centre for Agricultural and Rural Development Studies (CARDS), arrived at the forecast after analysing maize prices in the Udumalpet market over the past 15 years and conducting a market survey.
However, subsequent price movements will depend on arrivals from Bihar, the cell said, advising farmers to make appropriate selling decisions based on market conditions.
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Source : The Hindu Business Line