Financial Daily from THE HINDU group of publications
Friday, August 26, 2005
Agri Prices (August 25)
Sugar 301809 (1816)
Groundnut oil ready486 (488)
Coconut oil ready5075 (4975)
Pepper garbled ready6300 (6300)

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AGRI-BIZ & COMMODITIES

FARM CREDIT


Banks to extend credit to tenant ryots this month
DECKS will be cleared by bankers to extend credit to tenant farmers by the month-end. Boards of Stale-level Bankers' Committee (SLBC) constituent banks will soon take the necessary decisions in this regard. Andhra Bank, which leads the SLBC, ... More

CLIMATE & WEATHER


Study exhorts forecasters to explain weather onsite for better farm yields
WEATHER forecasters would do well to back up generated data with opportunities for farmers, especially in regions strongly influenced by large global climate variations such as those caused by El Nino and La Nina, to meet together and ask ... More

ANIMALS & LIVESTOCK


NRDC to commercialise goat plague vaccine
THE National Research Development Corporation (NRDC) has signed an agreement with the Pune-based Intervet India Pvt Ltd for the commercial licence of the PPR (peste des petits ruminants) vaccine. The PPR vaccine has been developed by the Indian ... More

CULTIVATION


Shrinking greenery
A scene from Palakkad. The acreage under paddy cultivation is fast declining with land being used for building and other purposes. The area under rice cultivation came down from 5.6 lakh hectares in 1990-91 to 3.1 lakh hectares in 2002-03, and ... More

COMMODITIES


Castorseed, sugar dip
Mumbai: Castorseed October contracts suffered a setback on the local oilseeds market on Thursday in the absence of continued support, a broker said. The contracts were down Rs 22 to close at Rs 1,644 per quintal. Imported oils remained ... More

PLANTATIONS


Special package sought for Karnataka arecanut growers
CONGRESS workers led by the Chief Whip in Karnataka Legislative Assembly, Mr K. Abhaya Chandra Jain, and the former Karnataka Minister, Mr B. Ramanatha Rai, have urged the Union Government to announce a special package for arecanut growers. Mr ... More

RUBBER


Rubber rises on fresh purchases
THE domestic physical rubber rates recorded all-round improvement on fresh buying and short covering. According to sources, a leading tyre company bought sheet rubber even up to Rs 55.75 a kg on Thursday. Moderate buying from the north Indian ... More

TEA


Tea prices, exports decline; output up
DOMESTIC tea industry is once again showing signs of depression. For the period January to June, production is up, auction prices and exports are down. The saving grace is falling imports. According to the statistics compiled by the Indian Tea ... More

'Centre keeping a close watch on tea prices'
"It may not be possible to fix one minimum price for made tea." More

TECHNICAL ANALYSIS


Spot gold may test support level
SPOT gold prices ended lower on Wednesday on profit-taking as the currency markets turned choppy. Huge speculative net-log position in COMEX had been overhanging on the market as well resulting in position adjustment. Markets will also have to ... More

SPICES & CONDIMENTS


Heavy arrivals keep cardamom on leash
CARDAMOM prices continued to rule steady with marginal fluctuations at the auctions in Kerala and Tamil Nadu during the week. Heavy arrivals seem to have stopped the prices from moving up despite good buying support, market sources at ... More

Hot stuff
A worker applying fertiliser on his ginger farm in Nenmara in Kerala's Palakkad district. Ginger farmers are currently enjoying a good run with prices rising by 50 per cent since February on increase in exports. Currently, ginger is quoted at ... More

IPR


`Need to have legal framework for genetic resources, biopiracy'
THERE is a need to bring in provisions internationally that legally penalise acts of biopiracy, according to the Ministry of Environment Secretary, Dr Prodipto Ghosh. "From a study, we found out that there has been a steady increase of patents ... More



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