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Saturday, March 12, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


NCDEX launches steel ingot, chilli futures
MUMBAI: NCDEX on Friday launched mild steel ingot futures contracts in New Delhi and chilli futures in Guntur, Andhra Pradesh. The trade was inaugurated by Mr V.S. Jain, Chairman, Steel Authority of India Ltd, at the Ispat Bhavan. ... More

FARM CREDIT


Chidambaram promises better credit flow to farmers
"Banks are already providing loans to small and marginal farmers through self-help groups, tenant farmers groups and kisan credit cards." More

RUBBER


Rubber declines as traders book profits
REPORTS on intensified night rains all over the plantation areas triggered another downtrend in spot rubber market on Friday. It is reported that traders preferred to book profits as buyers retreated expecting the prices to seek further lows ... More

TEA


Red spider mites threaten Nilgiris tea
A NEW challenge to tea exports from the Nilgiris has now come through the spread of red spider mites forcing the planters to go in for application of chemicals. "The problem is that to pass through export norms, we can apply only certain ... More

AGRICULTURAL INSTITUTIONS


New pigeonpea, chickpea varieties for crop rotation
TO promote crop diversification in the 10.5 million hectaresarea in the Indo-Gangetic plain under rice-wheat cultivation, the International Crops Research Institute for the Semi-Arid Tropics (Icrisat) has developed extra-short duration pigeonpea ... More

OILSEEDS & EDIBLE OIL


Less damage likely to Brazilian soyabean: USDA
CONTRARY to expectation of a sharper fall in Brazilian soyabean crop based on reports from the producing country itself, the latest forecast of the US Department of Agriculture (USDA) has placed the Brazilian crop size only modestly lower at 59 ... More

SPICES & CONDIMENTS


Jeera prices may rule weak in short term
"There have been a few export enquiries but deals are not materialising as other origins such as Afghanistan, Syria and Turkey are at offering lower price." More


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