Agri Commodity Tips : Maize ends higher on rising demand on 18 august.

Agri Commodity Tips : Maize prices closed higher by 1.89 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the need from exporters and poultry industries. At the NCDEX, maize futures for August 2015 contract closed at Rs. 1,295 per quintal, up by 1.89 per cent, after opening at Rs. 1,300 against the previous closing cost of Rs. 1,271. It touched the intraday high of Rs. 1,300.

USA, China and Brazil are the top three maize producing countries in the world while the impotent exporters of maize are USA, Argentina and Brazil. Chief importers are Japan, EU, Malaysia, Taiwan, Indonesia etc.