Growing corn consumption, coupled with remunerative market prices over the past few months, has not yet translated into higher maize acreage during the 2019-20 cycle, initial trends in the current kharif season suggested.
According to a preliminary report on kharif sowing on Friday (June 14), the area brought under maize crop during the week stood at only 300,000 hectare across India — 33 per cent lower compared to the corresponding acreage in 2018 at 4,50,000 hectares, which was the steepest among kharif crops like paddy, pulses, oilseeds and sugarcane.
Since domestic maize/corn prices had witnessed a record high
According to a preliminary report on kharif sowing on Friday (June 14), the area brought under maize crop during the week stood at only 300,000 hectare across India — 33 per cent lower compared to the corresponding acreage in 2018 at 4,50,000 hectares, which was the steepest among kharif crops like paddy, pulses, oilseeds and sugarcane.
Since domestic maize/corn prices had witnessed a record high