Business Daily from THE HINDU group of publications
Tuesday, August 15, 2006
Agri Prices (August 14)
S-301861 (1851)
Groundnut oil ready555
Coconut oil ready4775 (4780)
Pepper garbled ready9700 (9900)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Futures market bullish on cotton, soya, urad
Crop loss yet to be ascertained; correction likely if yield rises More

WHEAT
Global wheat output put at 598 mt
Global wheat output for 2006-07 is forecast at 598 million tonnes, some 20 mt lower than the previous year. While consumption (615.3 mt) is rated 9 mt lower, ending stocks are also expected to be sharply down to 128.4 mt. Hot and dry weather ... More

CLIMATE & WEATHER
Monsoon likely to weaken
May benefit N-E, TN More

Central India share keeps rain deficit at bay
Central India's profitable outing (+18 per cent) up till now during the ongoing season has kept one end up amidst a torrent of deficit rainfall figures reported from elsewhere in the country as the monsoon progressed mid-way into the third ... More

INSIGHT
Farmer suicides — Why let history repeat itself?
The Vidarbha suicides have to be taken as symptoms of a deep-rooted malaise that have to be dealt with immediately or they can spiral out of control. More

RUBBER
Spot rubber rules steady
Spot rubber ruled steady on Monday even amidst sharp declines in Japanese futures markets especially TOCOM. The domestic scene remained absolutely neutral, as there were no quantity buyers or sellers in the trading centres to set the day's trend. ... More

SUGAR
GMR to demerge ferro alloys, merge Bharat Sugar with itself
Shareholders to get 38 shares for 100 in de-merged entity More

TEA
Cola controversy — A storm brewing in domestic tea cups
"This issue is like a sleeping tiger, and better not to wake him up", a senior Indian Tea Association official said. More

INTERNET
ITC starts farm extension services
To advise 7,500 farmers on best practices More

METALS
Steel production down as China cuts output: Study
Lower output due to fall in prices More

COIR
Kuwait co buys tech to convert coir pith into organic manure
Signs MoU with Coir Board More

OILSEEDS & EDIBLE OIL
Tariff value hiked sharply for palm group of oils
Crude soyabean oil rate increased by $2/tonne More

SPICES & CONDIMENTS
Declining trend continues in pepper
Primary markets face bull liquidation and selling pressure due to Onam festival More






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Top Stories
`M&As are new biz models in IT sector'

Tariff value hiked sharply for palm group of oils

`Asian market fundamentals look good'

BHEL bonus saga comes a cropper

States park Central funds in short-term gilts

GE allows Great Offshore to enter shipping biz

Tata Motors to expand passenger car unit capacity

Product firms taking organic route to grow

Steel production down as China cuts output: Study

`High power costs to impede cement sector growth'

Looking back
Aug. 6-Aug. 12
Fundamentals continue to keep crude prices firm

Mills saddled with excess molasses, alcohol

Oilseeds acreage dips

Water levels satisfactory in majority of reservoirs

`Hurricanes may push crude beyond $80'

Bunching of imports driving up wheat prices

Selling pressure on dollar to help gold

Automated peeling machine — A solution to sago, starch-making sector


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