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Tuesday, April 06, 2004

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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Summer showers evenly spread in Kerala
SUMMER rains continued to be widespread during the four-day period ending April 4 with north Kerala too sharing the spoils. According to the Agromet Advisory dated April 5 issued by the Met Office, Thiruvananthapuram, rain/thundershowers ... More

COMMODITIES
Uptrend continues in rubber market
THE rubber market improved on Monday. The purchase agents and covering groups continued to quote higher. Buying from the general rubber goods sector was also reported from the trading circles. All the grades except RSS 5 improved as the low ... More

HORTICULTURE/FRUITS & VEGETABLES
BARC develops new tech for banana juice
The Bhabha Atomic Research Centre has developed a new technology to manufacture juice from bananas. It has also applied for a domestic patent for this new process. The banana juice-making technique is actually a spin-off technology developed ... More

N-E ginger processing unit
THIRUVANANTHAPURAM: The Regional Research Laboratory, Thiruvananthapuram (RRL-T) is gearing up to commission and hand over a five-tonne-per-day fresh ginger processing plant to the North Eastern Regional Agricultural Marketing Corporation ... More

POWER
MSEB recovers Rs 520 crore from farmers
THE Maharashtra State Electricity Board (MSEB) has recovered arrears of Rs 520 crore from farmers last month, one of the highest recoveries in recent years. This has increased the electricity board's recoveries for March to Rs 1,208 ... More

TEA
Goodricke firms up plans to sell branded tea; skip auctions
HIGH-QUALITY teas major Goodricke Group Ltd has firmed up plans to lay emphasis on sales of branded teas as opposed to sale of the commodity through auction mechanisms. Over time, more and more teas from the company's gardens in Darjeeling, ... More

TECHNICAL ANALYSIS
Outlook positive for coffee futures
Comments: The outlook for the near month CSCE coffee futures appears positive. A move to the previous swing high of 79.2 cents (per pound) appears likely. However, the prices are likely to rule weak in the near term. Coffee prices are ... More

WATER
Water levels dip in reservoirs — Situation not encouraging in the South
THIS is one variable that could have a bearing on the course of the economy in the months to come: water levels in major reservoirs. The country may have received good monsoons in 2003, which has helped its farm sector recover from the ... More

POULTRY
NECC buys maize for allotment to farmers
THE National Egg Co-ordination Committee (NECC) has procured maize for allotment to poultry farmers at Rs 50 per quintal lower than the current market price. NECC had procured maize for the benefit of farmers as the "maize price is being ... More

SPICES & CONDIMENTS
Cardamom prices may fall
CARDAMOM growers expect the average price of cardamom in the new season beginning in August 2004 to fall to Rs 350 a kg from Rs 410 in the current season. This is disclosed in the survey undertaken by The Planters' Chronicle published by ... More

AGRICULTURAL POLICY
Govt puts off implementation of plant quarantine order to June 1
BOWING to demand from importers, especially of pulses, the Government has decided to put off the implementation of the Plant Quarantine (Regulation of Import into India) Order 2004 until June 1. The order was to have come into effect from the ... More




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