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Friday, October 29, 2004

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AGRI-BIZ & COMMODITIES

FLORICULTURE
Anthurium — a flower with potential in domestic, global markets
THE demand for anthurium cut flowers in the domestic and world market is so high that there is a tremendous potential for India, but to tap this market the country must step up production. Between 1999 and 2002, the demand has grown by about ... More

HORTICULTURE/FRUITS & VEGETABLES
Berry season
Gooseberries are making their way to Kerala even from far-off States such as Uttar Pradesh. In Kochi, prices range between Rs 20-30. There is good demand for it in the State as it is a major ingredient for manufacturing drugs/food supplements ... More

Tamarind thru FPS in AP
HYDERABAD: To stem the spiralling price of tamarind, the State Government has positioned 11,500 quintals available with girijan cooperative centres in all the districts in the Fair Price Shops and Rythu Bazars to be sold at Rs 12 per kg ... More

RUBBER
Users not worried over dip in rubber stocks
NATURAL rubber stocks in the country have declined to a level just enough to meet about a month's demand but the user industry is not perturbed by it. "Though it will be ideal to have two months' stock, we are not worried by the decline. We ... More

Moderate sales hit rubber prices
Though the buyers from all sectors were hovering around the market, a sharp decline in the Tokyo Commodity Market adversely affected the traders' sentiments persuading them to sell a part of their stock at the opening session. Most of the grades ... More

SUGAR
Maharashtra sugar mills may get more time to complete FSQ
THE Union Government is likely to give a 10-day extension to sugar mills in Maharashtra to complete their free-sale quota (FSQ). This is since the mills could not lift the allotted quota this month due to elections. "The Centre Government is ... More

TECHNICAL ANALYSIS
Spot gold may correct lower
SPOT gold prices corrected lower after a drop in oil prices and a surprisingly stronger dollar, which lead to good profit taking in the precious metals. Recently strong safe havens like gold fell out of favour and the dollar and equities rose as ... More

AGRICULTURAL INSTITUTIONS
Govt yet to decide on McKinsey for FCI recast plan
THE Government on Thursday said that it is yet to formally appoint McKinsey & Company to undertake a study for improving the operational efficiency of the Food Corporation of India (FCI). "No decision on appointment has made as yet, though a ... More

Nabard outlay for Tirunelveli
MADURAI: The potential linked credit plan for Tirunelveli district prepared by the National Bank for Agriculture and Rural Development (Nabard) envisages a credit outlay of Rs 906.53 crore for 2005-06. The allocation to the agriculture ... More

EXPORTS & IMPORTS
12 more agri-export zones to come up
TWELVE more agri export processing zones (AEZs) are to be set up in different States and they are likely to start functioning by the next financial year, Mr K.S. Money, Chairman, Agricultural and Processed Food Products Export Development ... More

TRENDS
AP ryots' welfare panel interim report in Dec
THE Commission on Farmers Welfare set up by the Andhra Pradesh Government will submit its interim report to the State Government by December first week and the final one a month later. Stating this at a press conference here on Thursday, the ... More




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