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Thursday, April 28, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Global commodity investors may turn cautious
ACROSS commodity markets worldwide, there are apprehensions about the sustainability of current high prices. With global growth concerns still a factor and price levels in many sectors still close to recent peaks, does the market have an ... More

WHEAT


Freight hike, rising wheat prices hurt TN flour mills
FEARS over drop in wheat production and a sharp rise in freight charges have resulted in the commodity's prices rising by Rs 1,000 a tonne in the past one month. This is likely to affect the roller flour mills in the South, particularly Tamil ... More

CULTIVATION


Harvest paddy & sow wheat the same day with PAU seeder!
FOR the Punjab farmer, mechanisation is not simply about tractors, tubewells, threshers and harvester combines. Rather, it is a mantra in his unending quest for reducing costs of cultivation and saving time and labour. The latest ... More

RUBBER


Rubber prices up on weak supply
THE domestic rubber market moved up further on fresh buying and short covering amidst weak supply. Sheet rubber closed at Rs 59.75 against Rs 59.50 a kg at Kottayam and Rs 60 against Rs 59.75 a kg at Kochi as purchase agents and covering groups ... More

SUGAR


Sugar prices up on lower free sale quota
SUGAR prices have moved up Rs 20-30 a quintal on the news of lower free sale quota of 11 lakh tonnes released by the Government for next month, amid continued demand from retail and bulk consumers. Sugar medium grade prices at the check-post ... More

TEA


Rain brightens Nilgiris tea crop prospects
SUMMER rains have brightened the prospects for the tea harvest in the Nilgiris during the `rush' May season. It has been raining almost every day in April, with greater intensity in some tea-growing pockets. These showers have improved the ... More

Tea shipments through Amingaon ICD — Shipping lines don't rule out freight hike
THE probable volume of tea shipments through the Amingaon (Guwahati) inland container depot (ICD) in 2005-06 is still not clear but the shipping lines do not rule out a freight hike. In 2004-05, the average freight between Kolkata/Haldia and ... More

Kerala tea output continues to slide
TEA production in Kerala continued to decline following closure of many estates and neglect of the existing plantations. Ever since the drop in tea prices the production in Kerala, which had been around 68 m.kg till 2000, started declining from ... More

FINANCIAL PERFORMANCE


Lakshmi Overseas profit zooms
MUMBAI: Lakshmi Overseas Industries Ltd (LOIL), an integrated processor of non-basmati rice, has announced an 83 per cent rise in sales at Rs 134.9 crore during the fourth quarter of 2004-05, driven by an increased processing of ... More

AGRICULTURAL INSTITUTIONS


Nabard revises refinance rates
THIRUVANANTHAPURAM: The National Bank for Agriculture and Rural Development (Nabard) has revised the interest rates on refinance with effect from March 16. Announcing this, Mr B.S. Shekhawat, Chief General Manager, Kerala Region, said ... More

COFFEE


APFDC plans to strengthen presence in export arena
THE Andhra Pradesh Forest Development Corporation (APFDC), which started export of coffee on a small scale from June 2004, plans to make its presence felt in the international market and export at least half of its production, said Mr B. Trinadha ... More

AGRICULTURAL POLICY


Cabinet nod soon for Jute Technology Mission
IN an effort to modernise the jute industry, the Union Cabinet is likely to clear the proposed Jute Technology Mission within two months. The Union Textile Ministry has decided to link modernisation with jute bag orders for the kharif ... More


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In Focus

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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 17-Apr. 23
Cotton turns dull as yarn offtake declines

Pre-blossom showers cheer up coffee growers — White stem borer still a cause for worry

Good pre-monsoon showers may help advance cardamom picking


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