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Wednesday, April 07, 2004

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AGRI-BIZ & COMMODITIES

WHEAT
World wheat prices to ease next season
WITH improved world production prospects, cereals supplies in 2004-05 are expected to reverse the declining trend of last four years. In particular, wheat export prices that currently are ruling strong may see a downward movement with the ... More

ANIMALS & LIVESTOCK
Dearer cattle
Angus cattle resting on an Australian farm in Cooma, New South Wales, about 500 km north-west of Sydney. Cattle prices have begun to firm up on rains. Farmers are reluctant to sell the cattle as they expect their prices to rise. Currently, cattle ... More

SEEDS
Rasi Seeds to sell 3 lakh Bt cotton packets
RASI Seeds is looking forward to the current kharif season when its RCH 2 cottonseed, a Bt variant, will find a place in the market place. The company has got the approval from the GEAC (Genetic Engineering Approval Committee) to produce and sell ... More

INSIGHT
Trapped in a protectionist mindset
The freeing of exports of DAP, SSP and, to a limit, urea by the recent Exim Policy might seem like a major step in fertiliser sector liberalisation. But it will make little difference on the ground. For liberalisation in the fertiliser sector to be m eaningful, the Government should come out of its present "protectionist" mindset and undertake a complete overhauling of the pricing and subsidy system. More

PESTICIDES
Dubey panel's clean chit to endosulfan challenged
MS Sunita Narain, Editor of Down to Earth magazine and Director of the Centre for Science and Environment, has said that the Union Government showed "undue haste" in accepting the O.P. Dubey Committee's report that gave a clean chit to ... More

PLANTATIONS
`Govt focusing on plantation industry welfare'
THE Union Finance Minister, Mr Jaswant Singh, has said that the Union Government has given attention for the welfare of plantation industry in the country. Terming plantation industry as one of the oldest agro-industries in the country, he ... More

RUBBER
Mixed trend in rubber
PHYSICAL rubber rates showed a mixed trend on Tuesday. The market appeared to be entering in to a holiday mood on account of Easter and Vishu. Activity was low with all grades remaining steady except RSS 4 and ISNR 20, which lost. Meanwhile, ... More

METALS
Refined zinc demand seen rising 15 pc
DEMAND of refined zinc in the country is expected to increase to around 4,00,000 tonnes in 2004-05 fiscal from 3,50,000 tonnes in 2003-04, an increase of 15 per cent, industry sources said. "Demand for refined zinc is growing at the rate of ... More

AGRICULTURAL INSTITUTIONS
Nabard support to TN, Pondy at Rs 2,340 cr
NABARD sanctioned Rs 2,340 crore as assistance to Tamil Nadu and Pondicherry during 2003-04, according to a release from Nabard's Tamil Nadu Regional Office. Apart from refinance, it hopes to expand the scope of activities in the State with the ... More

COIR
Coir factory workers' bonus
THIRUVANANTHAPURAM: Coir factory workers in the State will get 20 per cent bonus for year 2003, an official spokesman announced here. The workers will also get 9.11 per cent incentive along with this. The amount will be disbursed by ... More

WOOL
Reliance, Raymond in talks with Australian wool co
THREE Indian textile companies are in talks with Australia Wool Innovation Ltd (AIWL) for setting up joint ventures to produce quality garment from Australian wool. "Raymond, Reliance and Modern have held talks with us to form joint ventures. ... More

CO-OPERATIVES
NCDC offers financial aid to rubber co-ops
THE National Co-operative Development Corporation (NCDC) today offered financial support to rubber co-operative societies through the Rubber Board. "I call upon the Rubber Board to consider utilising services of NCDC as a nodal agency for ... More




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