In 2025, millet prices showed mixed trends across major markets due to changes in production, trade, and local policies. In Europe, imports increased slightly in mid-year, supported by higher shipments from Ukraine, but the EU reduced overall purchases later as Ukrainian yields fell sharply. Ukraine saw lower acreage and reduced yields, leading to a significant drop in production compared to the previous year. In China, the market remained mostly stable, with exporters holding stocks and growers reluctant to sell, resulting in only minor price fluctuations throughout the year.
In India, government programs increased procurement prices, and direct transfers to farmers supported their income, which helped stabilize domestic prices. However, challenges persisted in some states where regulated markets were inactive, forcing farmers to sell to private traders at lower returns. Local demand for traditional foods and millet-based products kept market interest high, contributing to higher prices in urban areas.
In West Africa, millet prices rose due to lower availability and supply chain disruptions, including export restrictions in some countries. Markets for hulled and organic millet remained firm, while festive periods such as the Chinese New Year created temporary calm with stable pricing before trade activity resumed.
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In 2024, millet prices showed a steady rise across several regions due to a mix of production declines and growing demand. Global production fell in major producing countries like India and Niger, while smaller declines occurred in Nigeria, Mali, and Sudan. This reduced supply, combined with increased urban demand, pushed prices higher. In Zimbabwe, farmers returned to millets after maize failed in drought-affected areas, and buyers, including government and aid programs, created additional market support. The move back to small grains helped stabilize local food supplies but added pressure on market prices.
In India, rising consumer interest and government campaigns promoting millets contributed to higher prices. Urban demand grew for traditional foods, including millet-based porridge, but many farmers struggled to get good returns due to limited local processing and market access. In West Africa, countries like Ghana saw a surge in millet prices in local markets as supplies tightened and imports faced delays or disruptions. Export bans in countries such as Benin further limited cross-border supply, keeping domestic prices high.
Overall, the year saw millet prices trending upward due to lower production in key regions, strong local demand, and restricted trade, making it a costlier commodity for consumers and vendors alike.
Millets refers to a group of highly diverse small-seeded grasses. They are widely grown as cereal crops or grains for fodder and human food across the world. The crop is favoured because of its productivity and short growing season under dry, high-temperature conditions. Pearl millet is the most widely grown millet, while, finger millet, proso millet, and foxtail millet are other significant crop species. India is the leading Millet producing country in the world.
Alcohol Beverage, Food, Fodder
Cargill India (Cargill, Incorporated), Bayer AG, Mahyco (Maharashtra Hybrid Seeds Company Limited), Alta Seeds (Advanta Seeds US), Allied Seed, LLC, Eastern Colorado Seeds, LLC (ECS)
CurrencyUS$ (Data can also be provided in local currency)
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Millets are typically grown as mixed crops in regions of low rainfall. Millets become mature in short duration, taking about 3-4 months from sowing to harvesting.
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The report is a detailed study of economics of production of calcium sulfate from gypsum which is extracted from the earth by mining.
The report involves the cost analysis of production of calcium carbide in an electric arc furnace from a mixture of lime and coke at approximately 2,200 °C.
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