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Thursday, March 24, 2005

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AGRI-BIZ & COMMODITIES

WHEAT


Meet to discuss wheat exports on April 7
THE Agriculture Ministry will hold a "preliminary discussion" to decide the export potential of the country on April 7, said Ms Radha Singh, Union Agriculture Secretary. "We are moving towards a virtual policy," she said, adding that a policy ... More

PESTICIDES


Directionless
A Punjab farmer spraying pesticides on cabbage crop on a field on the outskirts of Jalandhar. The collapse of public sector extension and lack of awareness among farmers on Integrated Pest Management techniques have led to a significant increase ... More

RUBBER


Mixed trend in rubber prices
PHYSICAL rubber rates showed a mixed trend on Wednesday. Sheet rubber and ungraded rubber firmed up a tad on short covering from purchase agents and fresh buying from certain small manufacturers, while the other grades were inactive. RSS 4 ... More

Rubber imports top 65,000 t on jump in tyre production
Introduction of the VAT system is likely to make it less attractive to import rubber. More

TEA


Bought-leaf factories perform better
COONOOR: Fifty-five small scale factories in the Nilgiris, popularly called bought-leaf factories, fetched an average price of at least Rs 10 per kg more than the district average price of Rs 41.55 per kg at the auctions conducted by the ... More

FOODS & FOOD PROCESSING


Focus on processed food exports: Kamal Nath
THE country must aim to increase its processed food exports to $10 billion in two years, which is double the present export value, representing a 42 per cent share in total agricultural export basket, the Union Commerce and Industry Minister, ... More

METALS


Nickel cathode seen firm on tight supply
DOMESTIC nickel cathode prices are expected to rule firm in the next few days on tight supply, firm overseas markets and continued demand from the stainless steel industry. Nickel cathode prices have increased by Rs 46 a kg from Rs 754 on ... More

FOODGRAINS


Foodgrains output put at 210.44 m tonnes — Record rabi production projected
TOTAL foodgrains production for 2004-05 crop year (July-June) is estimated at 210.44 million tonnes (mt), about 4.05 mt higher than the second advanced estimates of 206.39 mt. Kharif crop production of foodgrains during the period is now ... More

AGRICULTURAL INSTITUTIONS


Nabard to hike refinance rates
Yielding to the growing pressure on market interest rates, Nabard has decided to hike the rates at which it provides refinance to banks on agriculture credit from April 2005. Bankers said that they expect Nabard to hike refinance rates by ... More

POULTRY


Sunny side up
Activists of People For Ethical Treatment of Animals (PETA) protesting against the consumption of eggs this Easter in Mumbai on Wednesday.

More

SPICES & CONDIMENTS


Japan shows interest in Indian vanilla
THE potential for export of cured Indian vanilla and vanilla extracts to Japan is good as there is growing interest to introduce natural vanillin in the premium segment of ice creams, according to Mr S. Kannan, Director (Marketing), Spices Board. ... More

Spices export exceeds volume target
EXPORT of spices has surpassed the target of 2,50,000 tonnes by 50,000 tonnes during April - February 2004-05, while in terms of value it was Rs 134 crore short of the target of Rs 2,000 crore. Total exports stood at 3,03,166 tonnes valued ... More



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In Depth

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Looking back
Mar. 13-Mar. 19
Dairy products export set to cross Rs 500 cr — GCMMF pegs export turnover at Rs 125 cr

EU emerges largest Indian seafood buyer

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Tea production down 4 pc in 2004; imports rise over 200 pc

Govt scraps cess on coffee exports


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