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Friday, March 18, 2005

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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Commodity exchange brokers oppose plan to introduce turnover fee
MEMBERS of the India Pepper and Spice Trade Association (IPSTA) have opposed the Forward Market Commission's (FMC) proposed move to introduce turnover- based fee. Mr Kishor Shamji, President, IPSTA, told Business Line that the Indian ... More

CLIMATE & WEATHER


Eight districts in Kerala record `excess' summer rainfall
EIGHT districts in the State have recorded `excess' or `normal' rainfall during the period from March 1-16, the latter part of which saw the commencement of the summer rain season. According to Agromet Bulletin dated March 17 issued by the Met ... More

AP: Crops damaged in hailstorm
HYDERABAD: Crops in an extent of 8,194 hectares have been damaged and seven persons lost their lives in the hailstorm that struck 10 districts in Andhra Pradesh during the second week of this month, according to the State Revenue Minister, ... More

CULTIVATION


3,200 ha wasteland brought under cultivation in Theni
ABOUT 3,200 hectares of wasteland has been brought under cultivation under the comprehensive wasteland development scheme incorporating a micro watershed approach in Theni district. According to the District Collector, Mr Rajesh Lakhoni, the ... More

AQUACULTURE


Variety fare
A variety of value-added products from fish and crustaceans formed part of the exhibition organised at the three-day international symposium on improved sustainability of fish production systems in Kochi. The symposium ends on ... More

HORTICULTURE/FRUITS & VEGETABLES


In Dadu country
A hundred kilometers can make a huge difference in this country. More

RUBBER


Rubber prices likely to move up further
NATURAL rubber prices are likely to move up further in the coming days on tight supply of the commodity in the market and continuing demand from consuming industries, industry sources said. The benchmark RSS (ribbed smoked sheet) 4 grade on ... More

TEA


Panel urges uniform loan package for small tea growers
THE Standing Parliamentary Committee on Commerce has expressed concern over the lacklustre implementation of Special Tea Term Loan (STTL), particularly in South India. The committee also suggested that the Tea Board take steps for uniform ... More

TECHNICAL ANALYSIS


Spot gold may head higher
SPOT gold prices are trading in a narrow range as the dollar moved in a choppy range tracking a series of the US economic data, indicating the vulnerability of the US economy. But gold may have been tempered by a rather muted reaction to the ... More

DAIRY & DAIRY PRODUCTS


Madurai Aavin to invest Rs 4.36 cr for expansion
THE Madurai Aavin has entered into an agreement with the State Director of National Dairy Development Board (NDDB) for an investment of Rs 4.36 crore for diary expansion, capacity expansion and market and manpower development. According to the ... More

COTTON


RBI okays loan to clear dues to cotton farmers
THE Reserve Bank of India has given the go ahead to the Maharashtra State Cooperative Bank to disburse Rs 1,200-crore loan for outstanding payment to the cotton farmers in the State, according to Mr R.R. Patil, Deputy Chief Minister, Maharashtra. ... More

POULTRY


Dumping duty on poultry feed vitamin may go
THE anti-dumping duty on the vitamin used as an ingredient in poultry feed is set to go. The Designated Authority in the Commerce Ministry has recommended that the definitive duty imposed on imported Vitamin AB2D3K from the European Union, the US ... More

Feather-derived plastic!
IF any one thought that chicken feathers are mere waste, think again. That's because soon you could commercially have plastic derived from feathers of chicken. Scientists of the Agricultural Research Service, an arm of the US Department of ... More

SPICES & CONDIMENTS


Turning hot
A woman harvesting pepper at a farm in Kerala. Pepper prices have begun to rule steady on fears that drought in Vietnam could lead to fall in global production. Also, procurement of pepper by the Kerala State Cooperative Marketing Federation is ... More

GENERAL INSURANCE


Iffco-Tokio to launch weather insurance for farmers soon
Farmers will get compensated if rains are less than normal. More

TRENDS


FICCI calls for tighter discipline in farm support measures
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the G-20 Ministers meeting here on March 18-19 to put the Green Box and Blue Box farm support measures under tighter discipline. The industry body, in a release, has ... More


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