Massive decline in corn price

In Spite of abundant harvest, a severe fall in corn and maize rates at open market places have left cultivators to repent. It is with considerable hard work, confronting insect attack and other challenges, that growers had reaped the crop in the previous two seasons. Numerous areas even witnessed steady fluctuation in the area of cultivation.
Though, it is one of the largest cultivated crops grown in the district in about 9,500 hectares (corn and maize). overcoming various obstacles, not a ray of positivity expected them but just decline in price, driving several peasants into debts and monetary crisis.
According to V Sekaran, a farmer from Tiruchy , the retail price for maize stays at Rs 30-40 per kg, whereas at open market it is presently Rs 20 – 22. The price of corn has come down to Rs 12-15 in the market. Farmers have brought their crops to harvesting stages crossing all hardships, but the market price has left them in a major loss.
Maize, in particular, has not provided any profit in the last two years.
Cotton and maize take up nearly equal area of cultivation. Based on rainfall in the monsoon season, the areas will change and crop pattern will go through a shift. This season maize has failed to get the expected price, but cotton has reached record high price. Due to this farmers are likely to shift to cotton cultivation.