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Friday, January 07, 2005

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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER


Kerala: N-E monsoon `excess' in 2 districts
END of the season report by the Met Office, Thiruvananthapuram, indicates that the north-east monsoon (October 1, 2004, to December 31, 2004) has been in "excess" in only the Kannur and Thrissur districts. The season ... More

AQUACULTURE


Deep-sea tuna fishing — Vizag fishermen against deploying foreign vessels
THE arrival of five foreign (Taiwanese) trawlers here earlier this week has raised the hackles of local fishermen, already reeling under the impact of tsunami. These vessels, it is presumed, are here for deep-sea tuna fishing. The agitated ... More

INSIGHT


Sugar turns bitter-sweet
THE sugar situation is full of iniquity to the consumer and the cane farmer. Sugar prices have shot up steeply. The average price in Mumbai is around Rs 22 per kg — a peak in 30 years. It marks an increase of ... More

HORTICULTURE/FRUITS & VEGETABLES


Poor demand for banana despite low rates
THE steep fall in the banana ratesdoes not seem to attract buyers. A bunch of Poovan, for example, is currently quoting at Rs 60 as against the (perceived) normal rate of Rs 100. Trade sources do not foresee any significant rise in the rates ... More

RUBBER


Spot rubber steady
DESPITE strong buyer resistance on trading activities since few days, spot rubber prices closed unchanged on Thursday. The covering groups and purchase agents were not interested to enlarge their commitments as major manufacturers had not ... More

SUGAR


Soaring sugar prices trigger cane war
THE speculative bull run in sugar is having its impact on sugarcane prices, with mills virtually scrambling to offer a piece of the cake to growers. Initially, the action began with a couple of mills in Uttaranchal, including Ms Anjali ... More

Sugar futures plunge on panic selling
So precipitous was the decline that it led to futures prices being quoted even below the spot price. More

Mumbai sugar merchants suggest cap on rates
THE Bombay Sugar Merchants' Association (BSMA) has advised its members not to sell sugar over Rs 20.25 per kg by levying price cap at the wholesale level. This decision has been taken on Wednesday to provide smooth supply at reasonable rate ... More

Free sale quota for sugar enhanced by 4 lakh tonnes
IN a bid to arrest spiralling domestic sugar prices, the Government on Thursday announced an additional free sale quota (FSQ) of four lakh tonnes (lt) for the current January-March quarter. This is over and above the 34-lt of sugar that has ... More

TEA


Tea imports in 2004 likely to set record
THE tea import bill has soared a whopping 151 per cent between January and October 2004 over the same months of 2003. Clearly, when the figures for the whole year are available, imports in 2004 would touch an all-time high. According to the Tea ... More

SPICES & CONDIMENTS


STCL to do direct e-marketing of pepper, cardamom
THE Spices Trading Corporation Limited, (STCL Limited), a subsidiary of the State Trading Corporation (STC), would do the direct e-marketing of organic pepper, cardamom and vanilla for the Spices Board. According to a senior STCLL official, his ... More

Marketfed to procure pepper
THIRUVANANTHAPURAM: The Kerala State Cooperative Marketing Federation (Marketfed) proposes to start procuring pepper from small farmers next week. Announcing this here, an official spokesman said farmers would get Rs 75 for a kg of ... More

TRENDS


1,289 cases of farmers suicides reported in AP: Minister
The State Government had so far paid Rs 1.5 lakh each as compensation to the family members... in the last seven months. More


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