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Saturday, March 06, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
SBI, VST Tillers launch scheme for farmers
STATE Bank of India (SBI) and VST Tiller Tractors Ltd have launched a new loan scheme called SBI-VST Shakti for farmers as a part of the farm mechanisation programme. The scheme offers the cost of the power tiller minus 5 per cent as margin ... More

RICE
Work under way to develop drought-tolerant rice variety
A NEW variety of rice that can withstand drought, consume less water and also ensure high yield is being developed under a collaborative research programme between the Rockefeller Foundation of the US, and the Agricultural College and Research ... More

WHEAT
Global wheat prices may remain lower despite higher offtake
INCREASED use of wheat as animal feed is likely to drive global wheat consumption during 2004-05 (July-June) but its prices are seen lower by $10 a tonne on increased production and competition among exporting nations. This is despite lower ... More

AQUACULTURE
Kerala shrimp farmers' plea
KOCHI: Contractors engaged in shrimp farming in `pokkali' fields in the State have urged the State Government to extent the period of farming up to May 15. Speaking to reporters, the association members said that the area under shrimp ... More

RUBBER
Mixed trend in rubber market
THE physical rubber prices showed a mixed trend on Friday. Even the strong buyer resistance failed to induce further weakness in the market as the arrivals hit the bottom RSS 5 and ISNR 20 gained a tad on brisk transactions while the other grades ... More

TEA
Tea Board team plans to visit W. Asia
IN an effort to push Indian teas in West Asia, the Tea Board Chairman, Mr N.K. Das, will be leading a high-profile corporate delegation to Libya, Egypt and Iran in April. According to Mr Rajendra S. Shukla, who took over recently as Deputy ... More

TECHNICAL ANALYSIS
Downtrend persists in gold
GOLD prices continued to fall as the dollar bounced against major currencies hitting a three-month high versus the Euro, which dragged gold to its three months lows as well. With the European central bank leaving interest rates steady, the main ... More

DAIRY & DAIRY PRODUCTS
Hatsun set to sell `Delite' milk in Kolkata
HATSUN Agro Product Ltd plans to start milk sales in Kolkata this month following acquisition of a milk brand, Delite. Hatsun has also entered into a long-term agreement with Delite to use its processing facility at a cost of Rs 70 lakh, ... More

COCONUT & COPRA
Pesticide subsidy for TN coconut farmers
THE Coconut Development Board and the State Government have announced a subsidy of Rs 19 crore for spraying "eco-friendly botanicals" to save an estimated 1.81 crore trees in Tamil Nadu to fight the Eriophyid mite that has affected the coconut ... More

POULTRY
Poultry trade pegs Jan losses at Rs 800 crore
POULTRY industry in the country has lost Rs 800 crore last month when markets crashed following bird flu scare, according to the National Egg Co-ordination Committee (NECC). NECC has appealed to the Union Government on Friday to immediately ... More

Turkey on tour
Poultry farmers from Uttar Pradesh with their flock of turkey at Angamaly in Kerala. They move from place to place, selling the birds for Rs 200 a pair.

More

EU to protest India's move in banning chicken, meat imports
The EU had proposed an immediate reduction in agricultural subsidies on products that are of interest to developing countries at the Cancun Ministerial meeting, but "this offer was not taken by the developing countries." More




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