Maize prices to rule above MSP, says TNAU
The farm gate price of good quality maize during harvest will be ₹2,200-2,300 per quintal, says TNAU
Maize prices are likely to rule above the minimum support price, according to the TN-IAM Project-funded Price Forecasting Scheme of the Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University, Coimbatore.
The farm gate price of good quality maize during harvest (December 23), will be ₹2,200-2,300 per quintal, which is higher than the MSP of ₹2,090 a quintal fixed by the Centre for the 2023-24 crop year. It urged the farmers to take up “appropriate marketing decisions”.
The Price Forecasting Scheme analysed maize prices that prevailed in the Udumalpet agricultural produce marketing committee (APMC) yard market over the past 27 years.
Source Link :- https://www.thehindubusinessline.com/markets/commodities/maize-prices-to-rule-above-msp-says-tnau/article67610515.ece