date:Nov 12, 2012
ice Index remained 12 per cent higher than in October last year, it fell 1.2 per cent from September, mostly because of slightly lower wheat and maize prices. The current wheat prices reflect reduced trade activity, while maize values are down, mostly due to slowing demand from the livestock and industrial sectors. For wheat, world trade in 2012-13 is forecast to fall below the previous season's peak. Prices are expected to stay above 2011 levels.
For coarse grains, the market is also expected