FARM CREDIT

CLIMATE & WEATHER
Tractor makers turn sceptical on monsoon unpredictability
WITH the dry spell in several major States adding to the farmer's cup of woes, industries such as tractors and two-wheelers have revised their outlook for the year. The fortunes of both the industries, particularly tractors, are heavily dependant ... More

Rainfall in AP deficient by nearly 51 pc
There was a lull in the sowing of major crops such as groundnut, cotton and maize during June due to prolonged dry spells. More

FERTILISERS
SPIC posts Rs 31.83-cr cash profit
SOUTHERN Petrochemical Industries Corporation has reported a cash profit of Rs 31.83 crore for the year 2003-04, but the auditors have raised a few objections to the final statements, as they have done in the two earlier years. One of the ... More

PLANTATIONS
UPASI annual meet on Sept 7
THE 111th Annual Conference of the United Planters' Association of Southern India is slated for September 7 at Coonoor. The Union Minister for Commerce and Industry, Mr Kamal Nath, will be the Chief Guest. The Minister of State for Commerce ... More

Shimoga arecanut traders hail SC judgment
Following the SC judgment on gutkha, traders in Shimoga hope to reach the pre-2002 stage within two years. More

RUBBER
Sheet rubber up on covering buys
THE spot rubber market was mixed on Monday. Covering purchases at lower levels pushed up the sheet rubber price by 50 paise to Rs 58.50 while latex 60 per cent lost Rs 2.00 in the absence of demand. The other grades were steady though the ... More

SUGAR
Balrampur Chini open to buying sugar mills in UP
The company is hopeful that there will be no cane shortage and has no plans to import raw sugar. More

TEA
Coonoor tea prices up on competitive bidding
WITH the upcountry traders stepping up their purchases at the Coonoor auctions on Sunday to cover up the short supplies arising from floods in Assam, the market sported one of the highest increases in prices of the recent times. Buyers for ... More

FOODS & FOOD PROCESSING
BIFR proposes winding up of Regent Agro
AFTER exhausting all options to turnaround the Andhra Pradesh-based ailing company Regent Agro Products Ltd (RAPL), producers of coconut products, the Board for Industrial and Financial Reconstruction (BIFR) has confirmed its opinion on winding ... More

METALS
JNPT to suspend import handling of metal scrap
FACED with an unprecedented growth in import of metal scrap destined for Concor's inland container depot (ICD) in Ludhiana, the Jawaharlal Nehru Port Trust (JNPT) has decided to suspend handling of import rail containers carrying iron/steel scrap ... More

OILSEEDS & EDIBLE OIL
Oilseeds likely to benefit from boom in bio-diesel
There is great potential for demand-pull to increase oilseed production if bio-diesel production expands. More

POULTRY
Prices of eggs hiked again
FARM-gate price of layer eggs has been increased further this week on improved market conditions. The wholesale price of table egg, which remained anchored at Rs 1.25 a piece has started rising since last week, on account of higher ... More