AGRI-BIZ & COMMODITIES
WHEAT
Wheat demand, supply seen in balance
GLOBAL wheat demand and supply is likely to be in balance in 2004 following a recovery in global production. Export supplies are expected to be in a position to meet foreseen import demand. As a result, wheat prices in most markets have softened ...
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HORTICULTURE/FRUITS & VEGETABLES
Bt brinjal: TN farm varsity half-way thru
THE Tamil Nadu Agricultural University is halfway through in its research on developing genetically modified brinjal varieties. The bt brinjal, when developed and released could come as a boon to growers. The eggplant, considered a `poor man's ...
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RUBBER
Mixed trend in rubber market
THE physical rubber market showed a mixed trend on Monday. Nominal buying from the covering groups and purchase agents anticipating further fall in arrivals due to continuous overnight rains kept the market slightly live. The transactions were ...
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COIR
Curbs on peat moss mining may buoy coir pith exports
RESTRICTIONS on mining of peat moss in foreign countries coupled with the growing demand for a natural substitute to it could pave the way for largescale export of coir pith from India. Exploitation of peat moss for horticultural purposes in ...
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JUTE
IJMA moves Calcutta HC on dilution of Jute Packaging order
THE Indian Jute Mills Association (IJMA) has moved the Calcutta High Court against the recent Union Government's decision to reduce the mandatory packaging order for foodgrains and sugar. According to Mr Sanjay Kajaria, President of IJMA, a ...
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COFFEE
Coffee exports come to a standstill
COFFEE exports have almost come to a standstill as growers are holding on to their produce. "Growers are holding back their stocks so that they can sell them when they need cash. This is because banks have stopped funding the coffee sector," ...
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Direct export of Vizag coffee on the cards
THE AP Forest Development Corporation Limited (APFDC) is set to launch direct export of coffee cultivated by it in Visakhapatnam district. The Regional Manager of the corporation, Mr B. Trinadha Rao, said the APFDC had acquired the export ...
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POULTRY
NECC buys maize for poultry farmers
THE National Egg Co-Ordination Committee (NECC) has procured maize for allotment to poultry farmers at Rs 50 per quintal less than the current market price. In a press release here, NECC stated that in spite of an increase in production, the ...
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COMMODITY MARKETS
Mutual funds looking at investment in commodities
FED up of investing in the same old mutual fund products? Perk up; soon mutual fund investment options would include gold, silver, coconuts, pepper, soyabean and other commodities. The Association of Mutual Funds in India (AMFI) is studying ...
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