Financial Daily from THE HINDU group of publications
Wednesday, November 16, 2005
Agri Prices (Nov 15)
Sugar S301840 (1840)
Groundnut ready467 (470)
Coconut oil (ready)4850 (4950)
Pepper garbled (ready)6600 (6600)


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AGRI-BIZ & COMMODITIES

RICE


Reaping joy
The Chief Minister, Dr Y.S. Rajasekhara Reddy, reaps a tuft of `System of Rice Intensification' (SRI) paddy at a farm in Taramatipeta in Ranga Reddy district on Tuesday. The Agriculture Minister, Mr N. Raghuveera Reddy (left), is also ... More

CULTIVATION


AP Govt to `persuade' farmers to go for alternative crops
WITH the threat of snapping `free power' to the farmers growing paddy in the rabi season backfiring, the Andhra Pradesh Government has decided not to go for arm-twisting methods. It has now decided to educate and persuade farmers to go for ... More

Maharashtra to offer 30,000 ha to pvt sector for jatropha cultivation
THE Maharashtra Government is planning to make available 30,000 hectares for jatropha cultivation to the private sector. It is learnt that Reliance Industries has already approached the State Government to get the land allocated for jatropha ... More

AQUACULTURE


Shining prospects
Ornamental fish displayed at a breeding centre in Kochi. Called `living jewels', ornamental fish are in great demand now owing to their attractive looks. They have become a source for earning foreign exchange. The Marine Products Export ... More

INSIGHT


Farmer can look to greener pastures
A number of eminent people have talked about a second agricultural revolution that is set to happen in India. Some have called it a second Green Revolution; others the Rainbow Revolution that will include white, blue ... More

COMMODITIES


Copper hits a fresh high
COPPER hit a new high of $4,126 a tonne (up $21/tonne) in early trading on Tuesday in London. On Monday, the base metals rose by nearly $100 a tonne, amid report of a decline in copper production in Chile, the world's largest supplier. Chilean ... More

Silver likely to rule firm on industrial demand
HIGHER fabrication demand due to growth in industrial requirement as also jewellery and silverware, slowing mine production, lower government and scrap sales, and recent resurgence in investment and speculative interest have combined to give the ... More

RUBBER


Mixed trend in rubber prices
RSS 4 and ungraded rubber lost marginally as covering groups turned inactive in the absence of fresh quotations from major manufactures. Other grades and latex closed steady with dull volumes. Sheet rubber declined to Rs 65 and Rs 65.25 at ... More

TEA


Newby to launch speciality teas in India
NEWBY Teas Overseas Pvt Ltd, subsidiary of Newby Teas (UK) Ltd, may introduce its speciality teas in the Indian markets after studying the laws of the land. Newby Teas (UK) is promoted by the N Sethia Group, based in London. Newby Teas has ... More

FOODS & FOOD PROCESSING


CII seeks tax holiday for food processing
THE Confederation of Indian Industry (CII) Committee on Food Processing has urged the Finance Ministry to give a complete tax holiday for the food processing sector. Mr Piruz Khambatta, Chairman, CII Committee on Food Processing, said ... More

`Lack of organised distribution chain affecting food sector'
THE absence of an organised distribution chain is a stumbling block for the food industry more than anything else, according to Mr Harsh Bahadur, Managing Director, Metro Cash & Carry (India). "Without a modern distribution chain there is no ... More

Food process outsourcing presents good prospects
SATNAM Overseas Ltd, the company which owns the Kohinoor brand, has set up one of the first "great food factories to the world", according to Mr P.K. Mohapatra, Chairman, FoodPro 2005 — the conference on food processing organised by the ... More

DAIRY & DAIRY PRODUCTS


Ramco tool for dairy products co
BHOLE Baba Milk Food Industries, the Rs 400-crore Agra-based dairy products company, will implement Ramco Systems' complete process production suite. This includes financials, sales, inventory, purchase, process production, maintenance, human ... More

WOOL


Australia may phase out mulesing of lamb by 2010
MULESING, a method of removing the skin on lamb's back particularly near the tail area, could be phased out completely in Australia by 2010. A scientific solution is on cards to end the painful process done on lambs and the Australian Wool ... More

OILSEEDS & EDIBLE OIL


Canada keen to supply canola oil to India
THE vegetable oil import basket of the world's second largest importer, India, is dominated by the palm group of oils followed by soyabean oil, to the virtual exclusion of all other oils save a small quantity of sunflower oil and coconut ... More

Edible oil imports rise 15 pc in 2004-05 season
IMPORTS of edible oils into the country during the oil season 2004-05 (November/October) have increased by 15 per cent to 50.42 lakh tonnes compared to 43.96 lakh tonnes imported last season. The 10 per cent duty differential between crude and ... More

WTO


India to safeguard farmers' interests at WTO meet
`The best way to face such hurdles is to give them (the developed nations) in the same coin.' More



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