FCI invites bids for sale of maize and other grains

Written by Commodities Bureau | New Delhi, Apr 29 | Updated: Apr 30 2008, 06:14am hrs
The premier state owned procuring agency Food Corporation of India (FCI) has invited bid to sell 31,566 tonne of maize along with other foodgrains across the country in May.

The bids would close on May 26, an official statement said. Of 31,566 tonne of maize, 16,890 tonne would be sold in Andhra Pradesh, 6,289 tonne in Maharashtra, 2,432 tonne in Karnataka, 2,400 tonne in Orissa, 2,364 tonne in Chhattisgarh and 1,190 tonne in Madhya Pradesh. Experts said maize availability would be better this year as production is estimated at 16.78 million tonne (MT) in 2007-08 seasons. Prices in the domestic market are stable and comparatively lower than the international rates.

Besides maize, FCI plans to sell 75,645 tonne of bajra and 341 tonne of jowar. As per the tender, 63,286 tonne of bajra would be sold in Haryana, 11,544 tonne in Maharashtra and 815 tonne in Madhya Pradesh. As far as jowar is concerned, 238 tonne would be sold in Karnataka and 103 tonne in Maharashtra.