Financial Daily from THE HINDU group of publications
Monday, December 26, 2005
Agri Prices (Dec 24)
Sugar S301801 (1801)
Groundnut ready442 (442)
Coconut oil (ready)4800 (4900)
Pepper garbled (ready)7200 (7250)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES


Record NCDEX deliveries for Dec contracts
AT the National Commodity and Derivatives Exchange (NCDEX), December 2005 contracts saw record open interest to deliveries ratio. In Chana, jeera, sesame seeds, soyabean meal, sugar (M) and yellow peas, December delivery to open interest ratio ... More

RICE


Kalady rice millers setting up paddy processing complex
KALADY Rice Millers Consortium Pvt Ltd, formed by 39 rice millers in Kalady near here, is setting up an integrated paddy-processing complex at an investment of Rs 12 crore. The complex will have rice bran extraction unit, rice bran oil ... More

Paddy cultivation in Kerala: Waiting for revival
LAST week the Kalady Rice Millers Consortium Pvt Ltd (KRMC) organised a two-day seminar and workshop, which sought to address some fundamental issues in Kerala's agrarian sector. The theme of the meet was `Revival of agriculture in Kerala with ... More

CULTIVATION


Rabi rice, jowar sowing still down — Wheat coverage up by 15 lakh ha
SOWING in rabi rice, jowar, groundnut continues to lag behind on rains in South India. Rice acreage is down in Andhra Pradesh, while jowar and groundnut coverage has dipped in Tamil Nadu, Karnataka and Andhra Pradesh. According to the Ministry ... More

INSURANCE


Designing and pricing crop insurance products — AIC to get expertise from IBRD-approved Canadian co
THE World Bank has approved a Technical Assistance Programme for the Agriculture Insurance Company of India (AIC) for designing and pricing of crop insurance products. A Canadian actuarial firm has been appointed by the World Bank to carry out ... More

TEA


Tea prices down on fall in exports, rise in output
"If the falling trend continues, the average price for 2005 is not likely to be more than Rs 40 a kg and the price trend is indeed gloomy." More

Mixed trend at Kochi tea sale
A MIXED trend persisted for almost all varieties of tea at the Kochi tea auction. Though the dust sale witnessed a good general demand, it was comparatively low for leaf varieties. Of the quantity of 9,24,000 kg on offer in the dust category, ... More

Coonoor tea sale ends year on high note
THE Coonoor Tea Trade Association auctions for the year 2005 ended on Friday on a happy note with the prices increasing by Rs 3 a kg on an average, following improved demand absorbing the low offer. Improvement was more noticeable in the ... More

TECHNICAL ANALYSIS


Cotton to test support levels
NEW York cotton futures ended lower on Friday on speculative profit-taking ahead of the Christmas holiday break. Trading was mostly subdued during the week due to the union strike and approaching Christmas holidays. Earlier in the week, fibre ... More

EDUCATION


TNAU Vice-Chancellor term extended
COIMBATORE: Dr C. Ramasamy has been reappointed Vice-Chancellor of the Tamil Nadu Agricultural University for three more years. According to a University release, Dr Ramasamy had, during his earlier tenure set a new growth trajectory ... More

AGRICULTURAL INSTITUTIONS


Campco to maximise use of cocoa-crushing facility
THE new board of directors of Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd plans to make maximum use of cocoa-crushing facility at its chocolate-manufacturing unit at Puttur in Dakshina Kannada district. In this ... More

COTTON


Textile cos' concern over high ELS cotton prices
TEXTILE units producing finer count yarns using extra-long staple (ELS) cotton varieties fear the soaring prices of ELS cotton would render the conversion cost unremunerative for yarn producers. With the import price of ELS cotton going up, ... More

SPICES & CONDIMENTS


Pepper slides on selling pressure
PEPPER prices have declined on selling pressure during the weekend at the terminal market here. Spot prices of MG 1 and Ungarbled dropped by Rs 150 a quintal to Rs 7,200 and Rs 6,800 respectively on Saturday from Rs 7,350 and Rs 6,950 on ... More



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Looking back
Dec. 18-Dec. 24
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