Weekly crop market review in India from December 23 to 27, 2024

Published Dec 30, 2024

Tridge summary

During the week of 23.12.2024 to 27.12.2024, Myanmar's agricultural market experienced fluctuations in prices. Corn prices saw an increase due to high demand from India and domestic feed mills, reaching 1660-1680 kyats per pisas at the Yangon Bayintnaung Commodity Exchange. Conversely, chickpea prices plummeted by over 1 million kyats per ton, now priced at 3,320,000 kyats per ton, due to the influx of new chickpeas in the Indian market. Green bean prices also rose slightly, influenced by winter planting and the lack of new beans, while sorghum and red bean prices dropped significantly, with red beans nearly depleted due to cold buying in India.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

"Weekly Crop Market Review" (23.12.2024 to 27.12.2024) This week, green beans and corn prices increased, while corn and chickpea prices decreased again." Corn, which was cold last week, has increased slightly this week. Corn prices are rising due to strong demand from India and other foreign countries. Domestic feed mills are also buying as usual. At the Yangon Bayintnaung Commodity Exchange, corn is priced at 1660-1680 kyats per pisas, up 10 kyats per pisas from the previous week. At the Mandalay Commodity Exchange, corn (Burma) is priced at 83,000-84,000 kyats per bag of 54 pisas, while corn (CP) and corn (Shan) are priced at 85,000-86,000 kyats per bag of 54 pisas. This is another decrease of 1,000 kyats from the previous week. Green beans prices have also increased this week. The price of red and yellow beans has increased due to the start of winter planting, and there are no remaining beans and the new beans have not yet appeared. The price of green beans is stable, while the ...

Source: Greenwaymyanmar