South Africa’s import: Maize prices fall 15%,

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Prices of the grain, which is largely consumed by the poultry feed and starch manufacturers, have remained firm for the past two years because of poor weather and damage caused by pests. Foreign firms such as Louis Dreyfus, Cargill, Cofco, Olam and Glencore, and other companies including Suguna Feed, Roquette, Godrej Agrovet and SKM Animal Feeds were importing maize.

New Delhi: Maize prices have fallen 15% to Rs 2,150 a quintal in the past month owing to higher imports from Ukraine, Myanmar and Russia, traders and company executives said.

Anticipation of a higher output from Bihar and West Bengal also weakened prices, they said.
Prices of the grain, which is largely consumed by the poultry feed and starch manufacturers, have remained firm for the past two years because of poor weather and damage caused by pests.