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Monday, March 22, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
Agriculture credit fund sanctions Rs 176 crore
THE sanctioning committee of the recently set-up, agriculture credit fund, Lok Nayak Jai Prakash Narayan Fund has sanctioned Rs 176 crore. The amount has been sanctioned for Karnataka, Kerala, Himachal Pradesh, Nagaland, Orissa, Tripura, Bihar, ... More

TEA
Iraq orders: Are tea exporters ready?
INCREASING offtake from Iraq in the New Year, in the wake of the third and fourth tranches of export orders, would appear to herald better times ahead for the tea industry. Trade sources told Business Line that the tender for the third ... More

Mixed trend in Kochi tea sale
A MIXED trend persisted for almost all varieties of tea at the Kochi Tea auction. Though the dust sale witnessed a good general demand, it was comparatively low for leaf varieties. Of the quantity of 7,16,000 kg on offer in the dust category, ... More

TECHNICAL ANALYSIS
Cotton futures marginally higher
NYCE cotton futures ended marginally higher on Friday, mostly on speculative buying with market participants paying close attention to the cotton export figures. The USDA weekly export sales data showed US net upland cotton sales hitting 4,95,000 ... More

OILSEEDS & EDIBLE OIL
Solvent extractors seek oilseed import to pep up oil-meal sector
DOMESTIC solvent extractors are pitching for import of oilseeds over importing the edible oil straight. They said the former course would open up avenues for higher capacity utilisation for the extractors and at the same time aid the value-adding ... More

WTO
Progress unlikely in WTO farm talks
LITTLE headway is likely to be made in achieving a breakthrough in the World Trade Organisation's agriculture talks that resume in Geneva on Monday. "Countries such as India have adopted a rigid stand that we think it will take time to make ... More




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