Agriculture
Call for quality change in farm export policy
THE Karnataka Chief Minister, Mr S.M. Krishna has called for a quality change in agricultural policy to boost agri exports. He was speaking at a function to hand over the final report of the state Agriculture Commission.
Wheat, corn output in China may decline
CHINA's wheat and corn (maize) production in 2001-02 is likely to suffer a decline following drought conditions in the growing areas. Wheat output is widely anticipated to fall for the second year in a row to a low not seen in recent years, while corn ma
y belie initial expectation.
FCI maize stock price raised to Rs 4,050/t
THE Government has raised the price of maize (corn), offered for sale from the stocks procured by nominated agencies such as the Food Corporation of India (FCI), by Rs 900 a tonne to Rs 4,050.
Scientists foresee `maize era'
A `MAIZE era' is round the corner. Scientists foresee a gradual increase in the demand of maize for poultry and animal feed industries, which in turn could influence the country's agriculture to a greater extent.
Aquaculture
Shrimp prices range-bound
BLACK tiger shrimp prices continue to range around $13.40- 13.60 per kg for the 16/20 counts, the Marine Products Export Development Authority (MPEDA) has reported.
Technical Analysis
Uptrend seen in Malaysia palm oil
cf301>Malaysia's palm oil futures was mostly directionless through the beginning of the week, but ended the week positively. China is now high on the agenda of all the traders. They want to see how the drought develops in China and due to that there are
expectation that the country would import more palm oil. The markets will very closely watch the China factor in the coming weeks which will determine the markets direction at least in the near term.
Selling pressure likely in NY cotton
NYCE cotton futures witnessed a week, which saw stunning slide to new lows in all months. Contracts lows were set for four days straight in all months. Weather remains beneficial for cotton in much of the world, promising abundant supplies.
