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Thursday, September 30, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
Haryana to write off `taccavi' loans
THE Haryana Cabinet, which met here on Wednesday under the chairmanship of the Chief Minister, Mr Om Prakash Chautala, decided to write off `taccavi' loans worth Rs 348.74 crore in the larger interest of the farming community. An official ... More

Kerala CM's plea to bankers
THIRUVANANTHAPURAM: The Chief Minister, Mr Oommen Chandy, has requested commercial banks in the State to adopt a thoughtful approach towards farmers struggling to service their loans. An official quoted the Chief Minister telling a ... More

RICE
Global meet on rice revolution next week
`RICE - from Green to Gene Revolution' will be the focal theme of an international symposium to be held in Hyderabad during October 4-6, as part of the celebrations to mark the International Year of Rice. The Indian Council of Agricultural ... More

WHEAT
TN to release 2 new wheat varieties
THE official release of two wheat varieties for cultivation in Tamil Nadu is on the cards. "The Tamil Nadu Agricultural University is expected to make the announcement probably during January 2005. This would be the first wheat variety to be ... More

AQUACULTURE
DGFT withdraws abeyance order on DEPB rate on fish products
THE Government has withdrawn its August 2004 order that placed the retrospective applicability of the revised 5 per cent Duty Entitlement Passbook (DEPB) rate on certain marine products in abeyance. Informed sources said that the withdrawal of ... More

Handfed delicacy
More

RUBBER
Mixed trend in spot rubber
THE domestic spot rubber prices showed a mixed trend on Wednesday. Sheet rubber RSS 4 declined to Rs 51.50 from Rs 52 a kg on buyer resistance. Latex improved by 50 paise on steady demand while ungraded rubber and ISNR 20 closed static in the ... More

SUGAR
UP mills contract 40,000 t sugar imports
AFTER Maharashtra, it is the turn of mills in Uttar Pradesh to get into the duty-free raw sugar import act. The Indian Sugar Exim Corporation (ISEC) has contracted a fresh raw sugar cargo of 40,000 tonnes of Brazilian origin scheduled for ... More

IFC arm to buy Rs 45-cr carbon credits from Balrampur Chini
Sources in the sugar industry say this agreement could turn out to be a precedent-setting one. More

TEA
Plainer teas find favour at Coonoor sale
THIS week, the market was tilted in favour of the plainer teas when 13.5 lakh kg were offered for the auctions conducted by the Coonoor Tea Trade Association (CTTA). By and large, such teas fetched Rs 3 a kg more than the previous week. But, ... More

HCV/LCV/TRACTORS
Tractor industry buoyant
DESPITE a sub-normal monsoon and hence concerns over an adverse impact on the growth of the tractor industry, tractor manufacturers have revised their targets for the year upwards. "The industry has set a target of 2,30,000 units this year. Two ... More

FOODS & FOOD PROCESSING
Effluent issue dogs Saptarishi Agro
SAPTARISHI Agro Industries Ltd, an export-oriented unit for culturing mushrooms that hoped to begin operations this year after an 18-month break, has fallen foul of the Tamil Nadu Pollution Control Board (TNPCB) over solid waste and ... More

METALS
MetalJunction plans high-sea trading in nickel, tin soon
METALJUNCTION.com Pvt Ltd — the Tata Steel-SAIL (Steel Authority of India Ltd) joint venture in e-commerce — is planning to commence high-sea trading of nickel and tin in India. The project, expected to eliminate the hedging cost for ... More

DAIRY & DAIRY PRODUCTS
3 directors elected to Visakha Dairy
THREE leaders belonging to Telugu Desam were elected directors to the Visakha Co-operative Dairy here on Wednesday in a controversial election amidst tight security, as the ruling Congress and Telugu Desam were locked in a fierce contest. The ... More

COTTON
CCI procures 3.19 lakh bales from Maharashtra
THE Cotton Corporation of India (CCI) has continued its operations in Maharashtra for the second consecutive year during 2003-04 after partial relaxation of cotton monopoly procurement scheme by the Maharashtra Government from cotton season ... More

CASHEW
MCMA plea on cashew
THE 49th annual general meeting of the Mangalore Cashew Manufacturers' Association (MCMA) has suggested that additional production of one-lakh tonnes of raw cashewnut be made available in Karnataka. This could be done by high-density plantation. ... More




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Sep. 19-Sep. 25
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Higher quotes hit guar gum powder exports — Processors blame futures exchanges for high prices

Farming in US and India — The ground reality on subsidies

Madagascar dashes hopes of vanilla growers


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