Agriculture
`Tax on farm products to hit exports'
THE Andhra Pradesh Minister for Agriculutre, Mr V. Sobhanadreeswara Rao, has deplored the levy of taxes on agricultural products resulting in increase in cost of production.
TNAU thrust on transgenic plants
HAVING identified over 100 Bt isolates for the soil, the Tamil Nadu Agricultural University is now gearing itself to develop transgenic plants.
Plantations
Robusta coffee meet delayed
NO dates have been fixed for the meeting of main robusta coffee producers Vietnam, Indonesia and India, though AEKI (Indonesian Coffee Exporters Association) had announced that a meeting would be held at Jakarta in December.
Rubber
Deflated new year for rubber trade
THE new year generally brings in cheer for rubber producers but the same can hardly be true this time.
Sugar
No excise exemption for new sugar units after decontrol
THE Centre has ruled out any excise duty exemption on sugar or molasses for new/expanded units in the event of decontrol of sugar. Currently, these units are exempted from delivering any part of their produce as levy for the public distribution system (P
DS)-an incentive that would disappear once decontrol takes place.
Tea
Tea trade must revamp marketing plan, says study
DOMESTIC tea companies should rethink marketing strategies and move away from commoditisation of tea, a study carried out under a series of such initiatives by the Food & Agribusiness Research Department of Rabobank International, has said.
Technical Analysis
Cotton futures may drift lower
Cotton futures managed to close lower at the New York cotton exchange in the final trading session of 2001. A week with shortened trading days, holiday breaks and less than half the traders in the pit there were hardly any significant trades that took pl
ace.
Palm oil prices to remain firm
Crude palm oil futures on the Malaysia Derivatives Exchange, or MDEX, closed higher on Friday on expected bullish export figures for December.
