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Monday, October 11, 2004

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AGRI-BIZ & COMMODITIES

FARM CREDIT
Banks lend farmers a hand to escape moneylenders' clutches
MONEYLENDERS have made the plot of many a novel and film and have been blamed for farmers' suicides in recent months. But this is a story of a knight in shining armour who has come to the rescue of farmers caught in the clutches of the village ... More

Soft loans for TN sugar mills to clear arrears
THE Tamil Nadu Government is set to assist five private sector sugar mills settle sugarcane arrears for 2002-03 through a soft loan of Rs 102.5 crore, according to sugar industry sources. The loan has been cleared in-principle to EID Parry, ... More

RICE
World rice trade may shrink this year
WHILE world rice trade in 2004 is expected to shrink from the record levels of previous two years, 2005 may witness a firming up of the market because of emerging supply constraints. The international rice market reversed the firm tendency ... More

PLANTATIONS
National workshop on arecanut at Dakshina Kannada
MANGALORE: The regional station of the Central Plantation Crops Research Institute (CPCRI) at Vittal in Dakshina Kannada district will conduct a two-day national workshop on `Arecanut' from Monday. The Principal Secretary, Agriculture ... More

TN planters' body elects new chairman
COIMBATORE: Mr Vijayann P. Rajes, MSP Plantations, Yercaud was elected as the Chairman of the Planters' Association of Tamil Nadu for the year 2004-05 at the annual general meeting of the association at Coonoor on Saturday. Mr T. ... More

TEA
CTCs ease at Kochi auction
A FAIR general demand persisted for almost all varieties of tea at the Kochi tea auction. Of the quantity of 8,90,000 kg on offer in the dust category, good medium CTCs were easier by Rs 2-4. Others tended to further lower. Orthodox witnessed ... More

TECHNICAL ANALYSIS
Cotton futures may drift lower
NYCE cotton futures finished marginally lower on Friday in a choppy trade, as the markets were range-bound waiting for a clear direction from here. Most market participants were on the sidelines waiting for release of a key government report next ... More

AGRICULTURAL INSTITUTIONS
`Focus on rural non-farm sector'
MANGALORE: The Assistant General Manager of National Bank for Agriculture and Rural Development (Nabard), Dr Venugopal Arikeri, has stressed the need for developing the rural non-farm sector (RNFS). A Nabard press release said here that he ... More

OILSEEDS & EDIBLE OIL
Groundnut workshop to focus on hiking output, export
GROUNDNUT is the most important of the nine major oilseed crops cultivated in the country. Despite its high content of both oil and protein, groundnut development and attention to issues affecting the crop have remained less than satisfactory in ... More

NATURAL CALAMITIES
AP Govt must address neglect of agriculture: Study
Many reasons behind farmers' suicides, say CESS economists

THE current agrarian crisis cannot be addressed simply by dealing with indebtedness or strengthening the rural credit system. The crisis has more to do with the viability of the agriculture sector itself, the consequence of prolonged neglect and ... More




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