Maize on NCDEX settled up by 0.2% at 1474 tracking firmness in spot demand and overseas prices as some concerns about US planting weather encouraged buying. Concerns are growing about possible delays to corn plantings. Corn markets also got some support from US corn exports, with weekly inspections reported at a respectable 1.17m tonnes.

And the US Department of Agriculture reported flash sale of 101,000 tonnes of corn to an unknown destination was announced this morning for the 2016-17 marketing year. Markets are also poised for world agriculture supply and demand estimates from the US Department of Agriculture.

Trading Ideas:

*Maize trading range for the day is 1456-1492.

*Maize gained tracking firmness in spot demand and overseas prices as some concerns about US planting weather encouraged buying.

*Corn markets also got some support from US corn exports, with weekly inspections reported at a respectable 1.17m tonnes.

*NCDEX accredited warehouses maize stocks dropped by 31 tonnes to 1578 tonnes.

* In Nizamabad maize spot prices gained 3.85 Rupees to 1480.5 Rupees per 100 kgs.

Get more about Commodity Market Trading Tips http://www.ripplesadvisory.com/services.php.