Maize on NCDEX settled down by -0.89% at 1336 amid a weak trend at the spot markets on low demand. The USDA report is expected to show that U.S. farmers will probably harvest 15.060 billion bushels of corn this year, based on an average yield of 173.5 bushels per acre. 

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Corn production is forecast at 15.057 billion bushels, down 36 million from last month as a lower forecast yield more than offsets an increase in harvested area. Corn supplies for 2016/17 are down slightly to 16.845 billion bushels, as a lower crop more than offsets a small increase in beginning stocks. Exports are raised 50 million bushels, reflecting current U.S. export commitments that are well above a year ago.
                     Trading Ideas

1. Maize trading range for the day is 1319-1353.
2. Maize prices ended with losses amid a weak trend at the spot markets on low demand.
3. NCDEX accredited warehouses turmeric stocks dropped by 10 tonnes to 4061 tonnes.
4. In Nizamabad maize spot prices dropped -60.2 rupees to 1456.65 rupees per 100kgs.