The mandi maize prices are presently ruling around 1,000 to 1,100 per quintal depending on the moisture content in the state while the Centre has declared MSP of 1,365 per quintal for the current crop year. Mandi prices of maize in Punjab have fallen well below the MSP in last few weeks mainly because of bumper production in the current crop year and heavy pre-monsoon showers, prompting the farmers to demand ‘price deficiency payment system recently mooted by Niti Aayog.