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Monday, January 27, 2003

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AGRI-BIZ & COMMODITIES

HORTICULTURE/FRUITS & VEGETABLES


Kappec to resume grapes export
EVEN as the harvest of grapes is set to begin in the State, the Karnataka State Agricultural Produce Processing and Export Corporation (Kappec), is planning to restart its direct exports of fresh grapes to Europe this year. The State-owned ... More

RUBBER


Classify rubber as agri commodity: Minister
`Reduction in the import duty of agricultural and traditional products such as coconut oil, palm oil, coir and coir products and tea has triggered large-scale imports from neighbouring countries, especially Sri Lanka, denying a fair price for the ite ms produced indigenously.' More

PRECIOUS METALS


Gold surging towards $370/oz
GOLD ended the week strongly, breaking above $365 an ounce, with London PM fix of $366/oz on Friday, the highest fix since January 2, 1997. It meant a gain of 2.5 per cent week-on-week. Indeed, the yellow metal found another bout of buying ... More

COTTON


Cotton futures may move up
NYCE cotton futures closed slightly higher on Friday mostly dominated by speculators and the local trade. The weekly USDA export sales report provided some positive backdrop for the market. USDA said net upland US cotton sales stood at ... More

OILSEEDS & EDIBLE OIL


Soya workshop to focus on boosting returns
THE Soyabean Processors' Association of India (SOPA) has organised a large-scale interactive process workshop on ``maximising returns to soya farmers'' in Indore on January 29. Soyabean cultivation in Madhya Pradesh, Maharashtra and Rajasthan ... More

COFFEE


7-member panel to finetune coffee VAT structure
THE coffee industry has set up a seven-member committee chaired by the Coffee Board chief to help finetune the laws related to the proposed VAT system that comes into effect from April 1. While the Commercial Taxes Department has already ... More

TOBACCO


More funds sought for tobacco research to improve quality
SUFFICIENT funds for research and extension to double the average yield and to improve the qulality of tobacco, besides a unified tax structure for all varieties to end the discrimination against cigarette tobaccos, are the major recommendations ... More

GENERAL INSURANCE


GIC, 4 PSUs to take control of Agricultural Insurance Corpn
THE management control of the proposed Agricultural Insurance Corporation of India (AICI) is to be vested with the four public sector insurance and the General Insurance Corporation (GIC). Sources said here Nabard, which had initially staked ... More
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2002: A drought year
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Books and Reviews
Looking back
Jan. 19-Jan. 25
No rise in agri produce prices despite drought

Commodity prices up; upturn unlikely

Field trials for GM chickpea by 2004

Space tech to map basmati area spread

New tea order aims to quicken auction process

Govt in a fix over CACP cane SMP proposal — Rs 4/quintal cut mooted for 2003-04 season

Goodricke drops move to buy Nargis brand — Not to sell instant tea unit

Shrimp buyers keep off market to `correct' prices


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