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Friday, March 19, 2004

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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
MET SIGNS
Northern dists bear the drought brunt in Kerala
THE northern districts hit hardest by the drought are still waiting to get the first few showers as the summer rains continue to reveal a pronounced southern bias, as per the Agromet Advisory dated March 18 issued by the Met Office, ... More

RUBBER
Continue subsidy for exports, says RubberMark
ANY move by the Government to remove the subsidy on rubber exports will push the prices down, affecting lakhs of farmers, and adversely impact India's trade in international markets, according to an apex body of farmers' co-operatives. "If the ... More

Lack of buyers floors rubber
RUBBER market declined on Thursday. All the grades lost as the trading floors appeared deserted in the absence of buyers. There wasn't any selling pressure from the growers' side as the dry spell continued to suspend the crop production. The ... More

SUGAR
Simbhaoli Sugar to enter speciality segment
SSML is one of the country's oldest sugar manufacturer. Last month, it had launched packaged refined sugar. The company will come out with six speciality sugars — pharma, breakfast, icing, cube, demerera coffee & tea and flavoured. .. More

TEA
Upasi opposes orthodox tea sales thru auctions
THE United Planters Association of Southern India (Upasi) has opposed routing of 100 per cent of orthodox tea production via auctions as it would mean lower price realisations for producer exporters. Questioning the need for a producer to buy ... More

TECHNICAL ANALYSIS
Gold may break out of range
GOLD prices are nudging higher towards the upper side of the range, which it has been stuck for a while now with the direction of the dollar remaining an important factor yet again. The weaker dollar lowered the price of precious metals for ... More

WATER
Watershed development proves a hit in AP
THE ground water level has increased by 1.92 metres and 44 per cent of the defunct wells have been rejuvenated in areas where watersheds were developed in Andhra Pradesh. Over 6,500 watersheds have been developed in the State so far bringing ... More

DAIRY & DAIRY PRODUCTS
NDDB to spend Rs 200 cr to increase productivity
THE National Dairy Development Board (NDDB) has earmarked Rs 200 crore for various productivity enhancement programmes over the next six years. More than 50 per cent of the amount (Rs 105 crore) will be invested on animal breeding, which will ... More

COFFEE
Coffee prices on the rise
THE coffee market, particularly that of Arabicas, continued to register a rise in price last month. But, according to the International Coffee Organisation (ICO), even this significant rise does not signal the end of the crisis caused by a ... More




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