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Thursday, October 05, 2000

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Agri-Business

Agriculture
CII agro conference in Gujarat on Oct 12
A FOUR--DAY international convention on `agro and food processing industry in Gujarat', sponsored by the Confederation of Indian Industry (CII), would begin on October 12 in Ahmedabad. The convention, with the Commonwealth of Pennsylvania as the partner State, would also be the occasion for the release of the Gujarat Agriprocessing Potential (GAP) report in technical collaboration with A F Ferguson.

Sherwood Agrotech sets up organic fertiliser project
SHERWOOD Agrotech Industries Ltd, in association with the Science and Technology Entrepreneurs Park (STEP) and Department of Agricultural and Food Engineering of the Indian Institute of Technology, Kharagpur (IIT-KGP), has set up an organic fertiliser-cu m-pesticides project at Gopali on the outskirts of the IIT-KGP campus in Kharagpur.

OECD for investments in food processing sector
EMERGING and transition economies have been adversely affected by the persistence of agricultural trade protection in OECD countries. While developing countries have increased their share of industrial markets in the last 20 years, their share of world a gricultural markets has remained more or less unchanged. With agricultural trade negotiations now underway at the World Trade Organisation (WTO), this year's OECD report on Agricultural Policies in Emerging and Transition Economies 2000 focuses on how the interests of these countries might be better accommodated within a multilateral agreement.

Commodities
ITC launches Web site for commodity
THE International Business Division (IBD) of ITC Ltd has launched an e-Marketplace for agricultural commodities (www.itcibd.com) as a one-stop terminus for international customers of agricultural commodities from India.

Food & Dairy Products
US body to set up office -- Yanks aid for processed potato sector
THE Indian potato's richer cousins are coming, processed to pamper select tastes.

Plantations
Spot pepper prices up on tight supply
PEPPER prices witnessed an upward trend last week due to a tight supply situation in the market.

ACPC seeks `immediate' decision on retention
THE Government will have to take an ``immediate'' decision, on whether it should join the coffee retention scheme proposed by the Association of Coffee Producing Countries (ACPC)'s as part of efforts to boost sagging coffee prices. This will finally pu t to rest the coffee industry's uncertainty over its future. ``The fence sitting is now over,'' said a senior Government official, requesting anonymity.

Sugar
Sugar exports likely to touch 5 l tonnes
SUGAR production during the 1999-2000 (October-September) crop year has been estimated at a record 20.1 million tonnes, lifting the stocks to a new high of 10.7 m.t. Exports are forecast to reach five lakh tonnes in the new crop year, but may be hampered by uncompetitive prices and poorly-developed infrastructure, according to a report prepared by the US Embassy in New Delhi.


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