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Monday, August 04, 2003

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AGRI-BIZ & COMMODITIES

WHEAT


TN millers allege wheat `dumping'
THE Tamil Nadu Roller Flour Mills Association has said the State Government is losing over Rs 40 crore annually in sales tax revenue because millers in the North and in the neighbouring States were dumping wheat products in the State. The ... More

CULTIVATION


In search of... a future?
The tobacco farmers of Andhra Pradesh who, till now, have had a reasonably comfortable life, feel threatened by the proposed anti-tobacco law. More

AQUACULTURE


Kochi to host symposium on prawn culture
THE College of Fisheries of the Kerala Agricultural University is organising an international symposium, Freshwater Prawns 2003, in Kochi from August 21 to 23. The keynote address to the symposium will be delivered by Mr Michael New, President ... More

FLORICULTURE


Feast to the eyes
Freshly cut anthuriums and orchids kept for sale at La Fleurette in the lobby of Le Meridien, Kochi. Among the other items for sale are tastefully done dry flower arrangements that are priced between Rs 450 and 3000. ... More

TEA


Cola-crazy US now turns to freshly brewed Indian tea
COLA-LOVING Americans have started taking a close interest in freshly brewed Indian tea. So keen is their interest that they have even formulated strategies aimed at facilitating the entry of Indian players into the US markets. The Indian Tea ... More

Tea e-auction gathers pace
THE tea auction system is set to go digital soon. After deliberating for almost a year, the Tea Board is now bucking up to roll out the pilot phase of the project at the auction centres in Coimbatore and Guwahati in September. The board ... More

TECHNICAL ANALYSIS


Cotton futures may consolidate
NYCE cotton futures settled lower on Friday on modest speculative sales as fiber contracts appear to be consolidating waiting for market-moving news. The USDA supply/demand report is to be released on August 12. The USDA is widely expected to ... More

PRECIOUS METALS


Gold testing range
A VOLATILE week for the precious metals with strength across the complex (along with base metals) early in the week followed by profit-taking in gold and platinum late in the week with prices falling from highs back towards recent support levels, ... More

DAIRY & DAIRY PRODUCTS


Amul close to buying milk plant in Pune — Bets on M&A route to double collection target
THE Gujarat Co-operative Milk Marketing Federation (GCMMF) is betting heavily on mergers and acquisitions in the next five years to double its daily collection of milk from nearly 70 lakh litres to 140 lakh litres. The country's premier milk ... More

OILSEEDS & EDIBLE OIL


Edible oil imports up on festival demand
EDIBLE oil imports into the country continue unabated. Arrivals in July aggregated 5.78 lakh tonnes (up from 5.36 lt in June), as per quick estimate provided to Business Line by Oilmandi.com, an industry portal. July imports ... More

SPICES & CONDIMENTS


Govt nod to spices project in N-E
THE Union Government has approved the Spices Board schemes, involving a total financial outlay of about Rs 17 crore, for export-oriented development of spices in the north-eastern States. The schemes aimed at not only helping the development of ... More

CO-OPERATIVES


Iffco to buy out Govt equity in a year
THE country's largest fertiliser producer, Indian Farmers Fertiliser Cooperative Ltd (Iffco), plans to redeem the entire Government equity invested in it over the next one year. The 36,000-odd member marketing societies have already invested ... More
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