Financial Daily from THE HINDU group of publications
Tuesday, June 04, 2002
Agri Prices (June 3)
Sugar S-301325 (1333)
Palm Oil (10 kg)376 (364)
Groundnut oil ready445 (435)
Coconut oil ready3900 (3900)
Pepper garbled (ready)8000 (8100)

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AGRI-BIZ & COMMODITIES

RESEARCH & DEVELOPMENT


Intangible assets and agriculture
NOW that the heat and dust kicked up over the hurried decision of the Genetic Engineering Approval Committee (GEAC) to release the Mahyco-Monsanto Biotech Pvt Ltd (MMB) Bt cotton — supposedly `resistant' to the American bollworm — is ... More

COMMODITY EXCHANGES


3 bourses bid for multi-commodity futures exchange
THREE stock exchanges (SEs) — two regional and one national-level — have evinced interest in setting up of the nationwide multi-commodity exchange. Among the total 16 applications received by the Forward Market Commission (FMC), ... More

HORTICULTURE/FRUITS & VEGETABLES


Mango exports hinge on agronomy practices: Study
THERE is a huge export potential in mangoes and other fresh produce but the possibilities will hinge on agronomy practices in the orchards, according to a study done by Rabo India Finance Pvt Ltd. ``The fact that there is a lack of market ... More

RUBBER


Dull trend in rubber market
THE rubber market appeared to be generally dull on Monday in the absence of both buyers and sellers. Arrivals continued to be sparse as tapping has not resumed due to rains in plantation areas in most parts of the State. However, there would ... More

SUGAR


Govt offers aid to raise sugar quality
THE Government has decided to extend financial assistance by way of loans at concessional interest rate to sugar factories for bagasse-based co-generation, production of ethanol from alcohol and improving the quality of sugar. The Union ... More

LEATHER


Mixed trend in leather market
DURING the last few weeks, the leather market has not witnessed any considerable change in the prices. Demand for goat suedes, glazed kid, upper and lining leather continues. Likewise, while demand continues for buffalo calf, cow calf TC, a ... More

PRECIOUS METALS


Good demand for recycled gold
DEMAND for gold, which is sensitive to price volatility, has been affected in view of the yellow metal's soaring prices. This is expected to continue until consumers and the trade feel that the price has settled down. While the trade is ... More

FOODGRAINS


Wheat output estimates may be pruned on low procurement
THE Agriculture Ministry is likely to revise downwards its estimate of the 2001-02 wheat crop, currently being marketed. The Ministry's `second advance estimates' of total foodgrain production for 2001-02 (prepared on January 22) had reckoned the ... More

GENERAL INSURANCE


Karnataka: 7 more crops notified for insurance cover
KARNATAKA has introduced seven new crops for insurance cover under the National Agricultural Insurance Scheme for kharif 2002. The new crops are sugarcane, cotton (irrigated), cotton (rain-fed), sesame, potato, onion and chillies, in addition ... More

AGRICULTURAL POLICY


Karnataka: Rules soon to liberalise sandalwood cultivation
Under the new system, while the grower will be paid after the sale of tree, the Government will continue to regulate cutting and transportation of the trees and will deduct this cost from the sale proceeds. More

EVENTS


Rs 8,000-cr corpus sought for revamping co-ops: Ajit
THE Centre will soon convene a meeting of the State Ministers for co-operatives to impress upon the need for institutional and policy reforms in the sector, according to the Union Minister for Agriculture, Mr Ajit Singh. Addressing reporters at ... More
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