AGRI-BIZ & COMMODITIES
CORPORATE FARMING
Guarded welcome to corporate farming
AN encouraging step, but there could be slips between the cup and the lip - that seemed to be the initial corporate reaction to the Government's recent decision allowing private companies to directly procure foodgrains from farmers. This is ...
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COMMODITY EXCHANGES
MCX ties up with pulses importers, farmers body
MULTI Commodity Exchange of India Ltd (MCX) has made another strategic move by tying up with Shetkari Sanghatana, the country's leading farmers' organisation, and the Pulses Importers Association. The exclusive tie-up will lead to widespread ...
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Record turnover in rubber, pepper futures on NMCE
THE National Multi-Commodity Exchange of India (NMCE) has achieved a record turnover in rubber and pepper futures in terms of both volume and value during the last three trading sessions. According to an exchange release, on January 19, 1,406 ...
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AQUACULTURE
US orders anti-dumping probe into shrimp imports from India
WHILE the US Commerce Department has found sufficient grounds to proceed with the shrimp anti-dumping petition filed against six countries including India, the Seafood Exporters Association of India has virtually completed the collection of ...
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US move likely to affect shrimp prices
SHRIMP prices are set to decline with US buyers expected to stay away from the market. The other big buyer, Japan, may benefit from a glut in supplies with exporters targeting it. Black tiger shrimp purchases by the US importers are expected to ...
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INSIGHT
Rise in agricultural prices is unreal
If the rich countries dismantle the subsidies being given in cotton, wheat and soybean and stop producing those crops, the situation in their respect will become the same as that prevailing in coffee today. If the prices of coffee and other crops hav e risen in the last few years then we can assume that the prices of wheat, cotton and soybean will also rise on the dismantling of subsidies.
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HORTICULTURE/FRUITS & VEGETABLES
AP steps to check onion prices
IN a bid to contain the prices of onion, the Andhra Pradesh Civil Supplies Corporation Ltd has procured 10,000 quintals as a market intervention operation and made them available for sale at a price of Rs 7 per kg through the rythu bazaars in the ...
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RUBBER
Rubber prices rule steady
RUBBER rates were steady on Thursday. Scattered buying from the traders and covering groups kept the market alive. There was not any visible selling pressure from the growers' side also. RSS 3 was static at Rs 56.49 a kg in the Bangkok market. ...
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CASHEW
Cashew exports drop on competition from Vietnam
STIFF competition from other producing countries has pushed down export of cashew kernels from the country during April-December 2003, both in terms of value and quantity. Exports during this period stood at 72,042 tonnes, valued at Rs 1,287.95 ...
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COFFEE
Rebound in world coffee prices
HAS the coffee market finally broken the jinx of low prices? International coffee prices rebounded in December, after declining in the previous two months. Producers are looking at the market with some optimism because after five successive years ...
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TOBACCO
N-E tobacco units get duty waiver
TOBACCO product manufacturers located in the seven north-eastern States would now be a happy lot. Units that commenced commercial production of products such as cigarettes or pan masala on or after December 24, 1997 and before February 28, 2001 ...
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