NCDEX rabi maize down 1% tracking global prices.

Futures of rabi maize fell over 1% on the NCDEX tracking benchmark contracts on CBOT. Most active September contract of rabi maize on NCDEX down 1.2% from the previous close. Contracts of maize on CBOT have been largely bearish on expectations of rise in global output. Domestic bourse maize futures are likely to rebound and stay largely bullish for about a month as stocks of rabi crop with farmers is nearing an end.