The Hindu Business Line : Monday, March 05, 2007

WHEAT
Brewing westerly threatens wheat crop
Big-amplitude western disturbances that rained their contents over North and Northwest India during a critical phase last month could spoil the rabi wheat party during March, if forecasts are any indication. Expectedly widespread rain ... More

EXCISE AND CUSTOMS
The rich corner farm subsidies in rich countries
`Among the OECD countries, the largest 25 per cent of the farmers receive 50-90 per cent of the support and very little of the support goes to poor and family farms' More

RUBBER
Rubber prices: What's in store for tyre companies
Demand for automotive tyres is expected to grow at 4-5% More

TEA
Rs 6 cr worth of teas unsold at Coonoor auctions
Tea worth over Rs 6 crore went unsold at the auctions of the Coonoor Tea Trade Association here with the majority of the sellers of bought-leaf factory teas insisting on the sale to be made only under VAT rates and the buyers choosing to purchase ... More

Firm trend at Kochi tea sale
Based on good general demand the prices of most tea varieties remained firm at the Kochi tea auction. High priced CTC varieties were steady to firm, medium and other CTCs were fully firm to dearer. Prices of medium varieties moved up. Best CTC ... More

Plea to declare 2007 as `year of wellness with tea'
Still teas are imported as part of tradition, globalisation More

No sale in N. India tea auction
No sales were held in the three auction centres in North India due to the paucity of stocks. Initial invoices from Dooars of CTC tea continued to sell in the region of Rs 100-120 per kg. No teas from Assam/Darjeeling were seen in the local ... More

TECHNICAL ANALYSIS
Gold may test support, rise
In just two days what was a popular safe haven investment turned bearish, hit by variety of factors. Unwinding of carry trade positions affected the markets. Low-yielding currencies like the Japanese yen, a cheap source of funds was used to buy ... More

Palm oil could test support level
Malaysian crude palm oil futures ended lower dragged down by losses in rival CBOT soya oil futures. Export figures were not very encouraging. Societe Generale de Surveillance, said exports during the period fell 10.3 per cent to 858,485 ... More

GOLD & SILVER
Picture not gloomy for gold despite crash
Funds interest in metals unlikely to wane More

AGRICULTURAL INSTITUTIONS
Nabard set to release focus paper on AP
CM to address State credit meet today More

SPICES & CONDIMENTS
Pepper may gain on tight supply
Every dip in the futures market is a good opportunity for the investors to buy pepper given the prevailing tight supply position in the domestic and world market. The market at present is fluctuating depending upon the financial muscle power of ... More

OUTLOOK
Outlook bright for next season coffee crop
`May top 3 lakh tonnes if pre-monsoon showers don't fail' More