World Perspectives
feed-grains wheat

Indian Subcontinent Regional Analysis

Starch Sector Bleeding, Yet Expanding The production of corn during the major harvest season in October suffered because of scanty rainfall. Prices surged as a result. Delayed sowing and harvest also affected availability, adding to the pressure. Current corn spot prices in India range between $244-250/MT; at the market yard, depending on the area and the delivery, prices are close to $290-296/MT, about 17 percent higher than prices offered this time last year. Even though corn harvest arrivals last month started in good measure, prices did not decrease drastically. The starch industry is not pleased with the situation because corn is being sold at high prices and starch is offered at prices well below the cost of production.Interestingl...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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