Business Daily from THE HINDU group of publications
Monday, November 06, 2006
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Agri Prices (Nov. 04)
Sugar S-301755 (1757)
Ground ready540 (538)
Coconut oil ready5500 (5475)
Pepper garbled ready10700


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AGRI-BIZ & COMMODITIES

RICE
COMMODITY COMMENTARY
Field trials of Bt rice must not be stopped
In a strange alliance, three seemingly disparate entities — a trade association of rice exporters, a farmers' body and a private activist organisation with worldwide affiliation — have come together to oppose the proposed field trials ... More

CULTIVATION
Oil body forecasts lower kharif 2006-07 oilseed output
It's due to a drop in acreages, says COOIT More

SOCIAL SECURITY
UTI Mutual in tie up with IFFCO for pension fund
UTI Mutual Fund is tying up with Indian Farmers Fertiliser Cooperative Ltd (IFFCO) to further its plans on the micro pensions front. The fund house, currently the No 1 player in terms of asset size, is close to a deal. For starters, the ... More

HORTICULTURE/FRUITS & VEGETABLES
3-day seminar on gooseberry prospects
A national seminar on production and processing of gooseberry is scheduled during November 21-23 in Ahmedabad. The event organised jointly by the Aonla Growers Association of India (Tamil Nadu), National Horticultural Board, Directorate of ... More

TEA
Coonoor tea prices drop
Even after dropping prices, the auctioneers had to withdraw sizable volumes of teas at the auctions of the Coonoor Tea Trade Association (CTTA) here as the demand was far inadequate to absorb the huge volume on offer. A volume of 14.36 lakh kg ... More

TECHNICAL ANALYSIS
Downward tweak likely in palm oil
Malaysian crude palm oil futures fell lower on Friday on profit taking. Fresh fundamental leads are expected in the coming week, which can give clues for direction from here on. Data on production, stocks and exports are expected from the ... More

Gold could test resistance level
Gold futures rose to eight-week highs on Friday, shrugging off a pullback in the dollar and latching on to recovering oil prices. Dollar strengthened against the major currencies after the US Labour department said unemployment rate fell to 4.4 ... More

GOLD & SILVER
Gold appears to be bullish
Prices may fall if the European Central Banks sell More

COTTON
Plea to scrap special duty on ELS cotton imports
Rs 50-cr research fund sought More

OILSEEDS & EDIBLE OIL
`Keep out edible oil from free trade'
There should be no dilution in policy on keeping out edible oil and oil trade from the purview of free trade areas and preferential trade agreements, according to Mr R. Mansinghka, President, Central Organisation for Oil Industry & trade ... More

SPICES & CONDIMENTS
Good demand for pepper likely
According to the observers, the market is building up for the "next bull run" More

COMMODITY MARKETS
Yellow metal continues its upward momentum
Base metals prices likely to remain high on low inventories More

EVENTS
`Low public investment makes farming unprofitable'
Likewise, the growth of credit was sluggish between 1999 and 2004 at 18.7 pc More

Oil show
SOUVENIR RELEASE: Mr S.S. Palani Manickam, Union Minister of State for Finance (second right), receiving the first copy of the souvenir from Mr E.V. Velu, Tamil Nadu Food Minister, at the All India Convention of Oilseeds, Oil Trade & Industry in More

NATURAL CALAMITIES
Flood havoc
SUBMERGED CROPS: Farmers displaying the damaged paddy at Kaza village in Krishna district of Andhra Pradesh on Sunday. Relief operations in flood-hit areas are hampered by stagnant water and severe shortage of boats, preventing officials from ... More

OUTLOOK
`Bengal gram, sunflower will fetch higher prices'
The Tamil Nadu Agricultural University's (TNAU) domestic and export market intelligence cell (DEMIC) has forecast that the `Karthigaipattam' (October-March 2006-07) crops of `bengal gram' and `sunflower' will fetch higher prices, while the prices ... More






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