Sorghum and maize closed the trading week, gaining 25.27% and 0.08% w-o-w on the Exchange. A similar trend was witnessed in the open market for these commodities as prices rose marginally by 2.97% and 2.34% during the same period.

Globally, food shortage is expected to worsen amid high prices, trade restrictions, weather extremes, economic shocks, and the ripple effects of the war in Ukraine.

As a result, grain indices for the month of June are expected to rise, m-o-m, as grain prices maintain an upward trend.