Maize prices have now declined to such low levels that supply-demand balance is beginning to return to the market. The sharp fall in prices has slowed, though no significant recovery is in sight. With adequate availability and limited buying activity, the market continues to trade in a narrow, slightly weaker range. In Telangana, amid reports of bumper production, the government has provided some relief to farmers by increasing the procurement eligibility limit from 18 to 25 quintals per acre. The state’s maize acreage has risen to 2.6 lakh hectares, nearly 2 lakh hectares more than last year, and the government plans to procure 8 lakh tons of maize through 125 centers. Production this season is estimated at 11.5 lakh tons. Buyers have made only minor reductions of ₹10–₹20 per quintal in delivery prices. In Khargone, maize traded between ₹1,250 and ₹1,700 per quintal depending on moisture content, with arrivals around 450 truckloads. Prices were ₹1,700–₹1,900 in Chhindwara, around ₹2,050 in Kasganj, ₹1,975 in Sangli, and ₹1,835 in Neemuch. In Vidisha and Ghule, trade occurred near ₹1,700, while Tamil Nadu saw delivery prices of ₹2,000–₹2,040 per quintal. Despite farmers’ hesitation, many are under pressure to sell immediately as warehouses are full and most stockists remain inactive in the market. In Karnataka, maize with 14–16% moisture traded between ₹1,700–₹1,750 per quintal. Production this year is estimated to be 10–20% higher than last year. Last year, several large companies had undertaken heavy stocking, but this season, no major firm is building inventories, adding extra pressure on the market. Currently, starch and ethanol factories are the main bulk buyers, while stockists are largely inactive. Market observers believe that if prices fall further, stockists may re-enter the market. Additionally, lower prices could make exports more competitive, which suggests that a steep decline from current levels is unlikely.