Business Daily from THE HINDU group of publications
Thursday, February 21, 2008
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Agri Prices (Feb. 20)
Sugar S301375 (1375)
Groundnut oil ready715 (720)
Coconut oil ready5400 (5350)


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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Snow, showers return to hills and plains
Thiruvananthapuram, Feb 20 The warming trend in northwest India may set the backdrop for an incoming western disturbance to toss in an induced cyclonic circulation oversee a passing wet session in the region over the next few days. ... More

PENSION PLANS
Kerala moots pension scheme for farmers
Thiruvananthapuram, Feb. 20 Implementation of a special pension scheme for farmers, distribution of agricultural loans to the tune of Rs 5,000 crore and establishment of an ATM network connecting the Kerala State Cooperative Bank, district ... More

AWARDS & HONOURS
Kanan Devan reaps rich haul at tea tasting contest
Coimbatore, Feb. 20 A panel of internationally renowned tea tasters evaluated the 62 short-listed entries that qualified for the second level of screening and announced the Golden Leaf India Award winning teas at the Global Dubai Tea Forum ... More

PLANTATIONS
Arecanut prices rule steady
The arecanut market is maintaining more or less a steady price though the arrival of the new variety is meagre. The new arecanut is now priced at 70-75 a kg. The cropping season is from January to March, but the production is still very low ... More

RUBBER
Spot rubber witnesses profit booking
Kottayam, Feb. 20 Spot rubber finished in the positive zone though there has been some profit booking from dealers at higher levels on Wednesday. RSS 4 improved to Rs 100.75 and 101 a kg respectively at Kottayam and Kochi from Rs 100 and Rs ... More

TEA
Lower volumes on offer at Coonoor tea auctions
Coonoor, Feb. 20 An analysis of the catalogues of the brokers indicates that the volume being offered for sale No: 8 of the auctions of the Coonoor Tea Trade Association (CTTA) here on Thursday and Friday is as much as one lakh kg lower than ... More

ALUMINIUM
Mumbai to host 3-day Aluminium India 2008 expo
Mumbai, Feb. 20 Leading aluminium manufacturers will display their wares and transact business with the target audience at the three-day exhibition — ‘Aluminium India 2008’ beginning Friday at Bombay Exhibition centre in ... More

COTTON
Bollworm may be developing resistance to Bt cotton
Research reports from US say pests are in the process of turning immune More

OILSEEDS & EDIBLE OIL
Relief unlikely for vanaspati units from new order
Mumbai, Feb. 20 The Centre’s move to remove the mandatory use of indigenous oils such as mustard oil in the manufacture of vanaspati is unlikely to bring any substantial relief to the beleaguered industryVanaspati producers are ... More

SPICES & CONDIMENTS
Bears pull down pepper futures
Kochi, Feb. 20 Pepper futures market on Wednesday fell on bearish activities and February prices dropped below spot prices.People were not coming forward to take delivery from the exchanges despite low prices as they believe that the ... More

AGRICULTURAL POLICY
Norm for using domestic vegoils in vanaspati off
Rising cooking oil prices, elections prompt the move More

COMMODITY MARKETS
Maize gains on tight supply
Mumbai, Feb. 20 It was profit booking time in the agriculture commodity futures trading on NCDEX as most of the near month contracts ended on Monday.Maize gained 2.37 per cent to Rs 798 per quintal on renewed export enquiries from ... More






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