AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
Dubai investment body, NYMEX in pact for commodity exchange
THE Dubai Development and Investment Authority (DDIA) today announced a memorandum of understanding (MoU) with the New York Mercantile Exchange (NYMEX) to jointly explore the development of the Dubai Mercantile Exchange (DME), the region's first ...
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WHEAT
Monsanto to sell wheat patent as part of cereal biz
THE US seed major, Monsanto, is looking to sell the patent given by the European Union for Indian wheat variety, with special baking qualities, as part of its cereal business assets. The company had exited cereal business in September last. ...
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PLANTATIONS
Budget fails to answer coffee, tea subsidy issues
THE Government will have to shell out Rs 5 crore each month by way of subsidy to the nearly 60,000 small farmers in the Nilgiris alone as per the Budgetary announcement of the Finance Minister, Mr Jaswant Singh, to offer Rs 2 per kg as subsidy to ...
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RUBBER
Rubber growers see anomaly in visual grading system
SMALL growers of rubber in the State are livid that "wheeler-dealers" in the marketing chain continue to "mix it up" in the pretext of the visual grading system and deny them reasonable price for the produce. Ribbed smoked sheets (RSS) are ...
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Grading of rubber
THIRUVANANTHAPURAM: Natural Rubber (NR) in sheet forms is the oldest and the most popular type. Two types of sheet rubbers are produced and marketed in the international market, namely the Ribbed Smoked Sheets (RSS) and the Air Dried ...
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TEA
CTC teas down at Kochi auction
A FAIR general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the quantity of 7,82,000 kg on offer in the dust category, CTC market opened barely steady. But the prices dropped by Rs 2-3 as the sale progressed. ...
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TECHNICAL ANALYSIS
Slight fall in cotton likely
NYCE cotton futures closed slightly lower on Friday, on thin volumes as most market players stayed on the sidelines ahead of a long holiday weekend. The NYCE cotton market will be closed on Monday for the US Presidents Day holiday, reopening on ...
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WATER
`AP committed to execute Pulichintala reservoir project'
THE Telugu Desam Party (TDP) is committed to the execution of the Pulichintala Balancing Reservoir Project (PBRP) on the Krishna river to protect the interests of Krishna delta farmers, Mr N. Chandrababu Naidu, Chief Minister has said. He was ...
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COTTON
Coimbatore to host national cotton meet
COIMBATORE will host a two-day conference on `Challenges facing cotton trade' during February 21-22 as part of the all-India cotton traders' conference organised by the East India Cotton Association and hosted by South India Cotton Association ...
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POULTRY
Poultry sector losing Rs 10 cr daily on bird flu fears
THE domestic poultry industry is losing Rs 10 crore per day at present due to bird flu scare though no incident of the avian influenza has been detected in the country so far. Nearly one-third of this loss is being borne by the Andhra Pradesh ...
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Workshop on avian flu
THIRUVANANTHAPURAM: The Kerala State Poultry Development Corporation will be organising a workshop on `Avian flu and Indian poultry industry' on Monday to allay fears among farmers and consumers about the perceived danger of contracting ...
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SPICES & CONDIMENTS
Pepper prices slip further
PEPPER prices continued its downward trend here for want of demand, as the international buyers are quiet and waiting for the Vietnamese pepper to arrive in the world market. Vietnam was offering 500 GL at $1,200 and 550 GL at $1,250 per ...
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ALTERNATIVE MEDICINES
Nandan Agro sets up Swiss herbal firm
HYDERABAD: Nandan Agro Farms Pvt Ltd, engaged in the production and processing of medicinal plants, has established a new company, Spearhead Natural Products SA, in Switzerland in collaboration with Spearhead s.a.r.l for manufacturing and ...
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