The Hindu Business Line : Thursday, February 06, 2003

PepsiCo mulls contract farming of basmati rice
As in the case of tomatoes, PepsiCo wants to go in for contract farming of basmati to increase yields, reduce overall costs and make the product internationally competitive. More

AQUACULTURE

Shrimp exports slump on low buying interest
SHRIMP exports are going through an extended slump with major buyers' interest being described as lukewarm. Japan is yet to pick up stocks more than month after the New Year festivities, according to trade sources. Reports indicate that their ... More

HORTICULTURE/FRUITS & VEGETABLES

Scarce oranges dearer ones
Workers unloading oranges at the Koyambedu fruit market in Chennai. Arrival of orange loads in the market is 70 per cent less compared to last year owing to crop failure. Only 2-3 loads of the fruit come daily from Maharashtra, say fruit ... More

Scheme to develop mango varieties for export market — TIDCO in talks with two US universities
The proposed agri-export zone envisages developing a nursery and model farm on 100 acres of land that will grow new varieties and also establish the technical and commercial feasibility of these varieties before they are offered to the farmers on con tract basis. More

Research on fruit borer in brinjal
THE Tamil Nadu Agricultural University (TNAU) is collaborating with Virginia Polytechnic University of the US to conduct research on fruit borer in brinjal. The researchers are contemplating to introduce new genes for pest resistance, the TNAU ... More

RUBBER

Rubber prices bounce back
RUBBER prices rebounded on buying pressure after it remained dormant for two days. Sheet rubber RSS 4 touched Rs 44 a kg again from Rs 43. The arrivals were very poor. The sellers pressure witnessed a couple of days ago lasted only for a day. ... More

TEA

NRI offers to develop 100-acre tea garden by partnering STEP
FOLLOWING the setting up of a tea processing plant at its campus here, Science & Technology Entrepreneurs' Park (STEP) of the Indian Institute of Technology, Kharagpur (IIT-KGP) has received a proposal from a California-based non-resident Indian, ... More

Tea growers allowed to take part in auctions
THE Tea Manufacturers' Services Industrial Cooperative Society Ltd (TEASERVE) has been accorded permission by the Tea Board to carry on the business as broker in public tea auction with immediate effect. Having got the clearance from the Tea ... More

PRECIOUS METALS

Gold touches new high at Rs 6,000
GOLD prices today touched a new high in the bullion market at Rs 6,000 per 10 gm, moving in line with the upturn on international markets on account of renewed war fears. In the overseas markets, gold rose to its highest price in nearly six ... More

FOODGRAINS

Global grains weaken on ample supply
DESPITE significant reduction in global wheat and coarse grains output in 2002-03, grain prices receded in recent months, especially in the US, as global wheat, maize (corn) and barley supplies appeared adequate to meet international demand. ... More

SILK

Silk fair to focus on wild varieties
IN line with its efforts to promote non-mulberry based silk types, the Central Silk Board is organising an exhibition-cum-sale `Vanya silks 2003' in Mumbai between February 5 and 9. Vanya silks also known as wild silks consist of the muga, ... More

SPICES & CONDIMENTS

Pepper market in a tizzy over Vietnam output
SPECULATIONS about a higher pepper production in Vietnam have kept most buyers away in the overseas markets and that has weakened demand. Even at $1,800 per tonne, there are no takers for Indian pepper while there are no sellers in Brazil at ... More

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