Business Daily from THE HINDU group of publications
Wednesday, April 04, 2007
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
Financial Technologies sells stake in DGCX
Financial Technologies (FT) has sold about 1 per cent stake in the Dubai Gold and Commodities Exchange (DGCX) to Dubai Multi-Commodities Centre (DMCC) for $12.5 million (Rs 56.25 crore). DGCX is an electronic futures and options exchange that ... More

RICE
HarvestPlus aid for boosting nutrition levels
Rice, wheat and maize — the main staple food crops of the poor in India — are set to receive a major scientific thrust to boost levels of nutrition, especially minerals and vitamins. The Union Government's long-term initiative ... More

WHEAT
Few problems seen for FCI, pvt trade in buying wheat
Millers may focus on M.P., UP, Rajasthan for stocks More

CLIMATE & WEATHER
North cools from passing westerly, no respite for South
A passing western disturbance and northwesterly winds that blew in its wake have helped bring the mercury level in North India, after seasonal changes in leading weather features along the international border threatened to heat up the plains ... More

PESTS
Little-known pests proliferate in AP
Experts blame GM crops for virulence More

INSIGHT
Why are wheat farmers angry?
At a loss to know what the Government is doing, wheat farmers plan to boycott wheat mandis and demand Rs 1,000 a quintal or, in the alternative, want scrapped the ban on private trade and the futures markets. More

HORTICULTURE/FRUITS & VEGETABLES
New strains
IMPROVING YIELD: A worker spraying pesticide in a cabbage farm near Palani in Tamil Nadu. Availability of high temperature resistant varieties of cabbage and advent of hybrid technology has resulted in cabbage productivity increasing 1.41 times ... More

Picturesque treat
GLORIOUS COLOURS: A tulip garden in full bloom at Zabarwan foothills in Srinagar on Tuesday. New varieties of tulips have been imported by the State Government as an add-on to tourist attraction; the garden was thrown open for tourists on ... More

PLANTATIONS
Campco bags US order for 100 tonnes cocoa butter
Good demand in Africa for drinking chocolate `Winner' More

RUBBER
Rubber prices improve on global cues
Physical rubber prices saw a better trend on Tuesday. Covering groups and purchase agents turned active since the international markets, especially Bangkok, were in buying mode. Sheet rubber RSS 4 moved up to Rs 94.50 a kg (Rs 94) at Kottayam ... More

TEA
Weather woes: Kanan Devan claims crop loss
Severe drought and frost in the high ranges of Kerala have inflicted an estimated crop loss of Rs 8.8 crore to Kanan Devan Hills Plantation Company. The company had suffered a "crop loss of around 16 lakh kg of made tea and with an average price ... More

Tata Tea sees no hurdles in equity participation by staff
Formation of Amalgamated Plantations More

FOODGRAINS
Coarse grains output may hit 1,033 m tonnes
After two years of decline, global coarse grains output is likely to breach the 1,000-million-tonne mark this year and register a new high, while world wheat harvest is likely to rebound by close to 5 per cent, according to Food and Agriculture ... More

POULTRY
TN poultry trade worried over lorry strike in Kerala
`No build-up in broiler birds or eggs so far' More

SPICES & CONDIMENTS
Mixed trend in pepper futures
Pepper futures market witnessed a mixed trend on Tuesday with the distant positions showing decline. Reports of improvement in Vietnam arrivals and the consequent marginal ease in prices there, said to have reflected on the activities here in ... More

EXPORTS & IMPORTS
Higher risk cover sought for agri commodities
A meeting of producers, exporters of agricultural commodities and government institutions has suggested exploring the scope of covering the quality risk problems of agri commodities, especially perishable goods, by the Export Credit Guarantee ... More






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