Business Daily from THE HINDU group of publications
Saturday, October 14, 2006
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Agri Prices (Oct. 13)
Sugar S-301741 (1753)
Coconut oil ready5575
Pepper garbled ready12000 (12000)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
FMC: No fresh measures to curb speculative interest
The Forward Markets Commission said on Friday that it was not considering any fresh measures to curb speculative interest in narrow agri-commodities futures. "We have already implemented a host of measures on such commodities as per the advise ... More

RICE
After Bt cotton, hybrid rice market hotting up
12,000 tonnes of seed sold during kharif season this year More

Hybrid rice seeds: More popular with farmers in backward regions
Central, eastern UP districts buy 4,500 tonnes of total seeds sold More

AP moves to curb distress sale by ryots
Even as Andhra Pradesh gears up for the procurement phase, Mr N. Raghuveera Reddy, Minister for Agriculture and Civil Supplies, has asked officials to ensure that there is no distress sale by farmers. Holding a videoconference with the ... More

CULTIVATION
New schemes for rubber, pepper
New Schemes will be introduced for replanting rubber, pepper and cardamom said Mr Jayaram Ramesh, Union Minister of State for Commerce. During the next five years rubber would be replanted in 50,000 hectares and pepper and ... More

PULSES
Dal-roti minus the dal?
The ban on export of lentils and pulses has had its repercussions in NRI kitchens and Indian restaurants in the US. But there will be no compromise in the cuisine, even if it means spending more. More

INSIGHT
SEZs without land acquisition
No one, not even the National Commission on Farmers, disagrees with the principal approach to the creation of SEZs. No one questions the governments' right to acquire land. But land does not have to be acquired. Farmers can pool their land and offer them to the promoters of SEZs in a Dutch auction, with terms spelt out in the best interests of both parties, says G. RAMACHANDRAN. More

COMMODITIES
Inflation tops 5 pc on costlier food, energy
Wholesale Price Index for all commodities at 207.8 points More

HORTICULTURE/FRUITS & VEGETABLES
Bonanza for growers
HUGE STOCK: Daily wage labourers unload sacks of onion at Yeshwanthpur APMC yard in Bangalore on Friday. With the rise in yield this year compared to the previous year, the State Government has announced a purchase package for the growers between ... More

RUBBER
Sheet rubber flares up
Rumours on acute shortage of the raw materiel took spot rubber to further highs on Friday. Covering groups seemed aggressive though the reports from the global exchanges were not supportive. Sheet rubber flared up to Rs 85 a kg from Rs 84 both ... More

SUGAR
Sharad Joshi's suggestion on sugar recovery
Mr Sharad Joshi, Rajya Sabha MP and leader of Shetkari Sanghatan, has called upon the sugarcane farmers in Andhra Pradesh not to settle for anything less than Rs 190 per percentage point of sugar recovery from factories. "Demand for Rs 150 for ... More

Ruia earmarks Rs 150 cr for sugar acquisitions
Kolkata-based Mr Pawan Kumar Ruia is planning acquisition of close to 3,000 tonne sugarcane crushing capacity in the near future. He has earmarked Rs 150 crore to fund the acquisition plan. Apart from the sugar production, the acquisition ... More

TEA
Volumes low at Coonoor tea auctions
The volume catalogued for this week's auctions of the Coonoor Tea Trade Association (CTTA) was at a five-week low at 8.96 lakh kg. This is about 50,000 kg less than last week's offer. This time last year, as much as 10.96 lakh kg was ... More

GOLD & SILVER
Record gold delivery on MCX
Low prices of gold may have made out a good case for retail buying; but this demand does not seem to make any impact on prices. There was a record delivery of over two tonnes (2,173.80 kg) valued at Rs 191.53 crore on the Multi Commodity Exchange ... More

COTTON
Free of chemicals
ORGANIC VILLAGE: A farmer examining cotton plant grown organically at Eenabavi village in Warangal district, Andhra Pradesh. Eenabavi has been declared as a "chemical-free village". ... More

CO-OPERATIVES
`Areca growers will be hit by gutkha ban'
Expressing concern over the Union Government's decision to impose a ban on manufacture and sale of "gutkha" from December, the Central Arecanut and Cocoa Marketing and Processing Co-operative (Campco) Ltd has said such a move would affect the ... More






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