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Friday, January 21, 2005

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AGRI-BIZ & COMMODITIES

FARM CREDIT


Malaprabha Grameena Bank, HMT Tractors in tie-up for soft loans
MALAPRABHA Grameena Bank, Dharwad, has signed a memorandum of understanding (MoU) with HMT Tractors Ltd to provide financial assistance to farmers for the purchase of tractors through a concessional loan scheme. A bank release said here on ... More

CLIMATE & WEATHER


Sowing for third paddy crop begins in Kerala
NURSERY preparation and sowing for Puncha, the third summary paddy crop has begun in all areas with irrigation facilities in the State, says the Agromet Bulletin dated January 20 by the Met Office, Thiruvananthapuram. The ... More

RUBBER


Rubber Board sees 7 pc growth in output; trade sceptical
THE Rubber Board on Thursday reiterated that natural rubber production would achieve a seven per cent growth in the current fiscal, but traders and consuming sectors say such an increase is unlikely in the year. "We don't envisage a major drop ... More

Rubber market in steady mode
Rubber prices showed a mixed trend on Thursday. The covering groups and purchase agents turned active after a short gap absorbing the arrivals. Rumours on the scarcity of the raw materialboosted the sentiments as the last lap of the peak ... More

TEA


Tea Board orders 100 pc e-auction
THE Tea Board has issued a mandate to all the auction centres in the country to go in for 100 per cent electronic auctions before April 1. Of this, the three auction centres in the South - Coonoor, Coimbatore and Kochi - will have to ... More

TECHNICAL ANALYSIS


Spot gold may head higher
SPOT gold prices are stuck in a range waiting for a clear direction. Dollar continues to strengthen on the back of good economic numbers released till now suggesting further interest rate hikes. A firmer dollar usually pressures gold. Dollar ... More

AGRICULTURAL INSTITUTIONS


TNAU in research tie-up for drip irrigation
THE Tamil Nadu Agricultural University (TNAU) has entered into a collaborative research with a private player for drip irrigation. It recently signed a memorandum of understanding with Jain Irrigation Systems Ltd of Maharashtra. According to ... More

SILK


Futures trading in cocoons, raw silk launched
MR Shankarsinh Vaghela, Minister of Textiles, on Thursday launched futures trading in cocoon and raw silk at the National Commodity and Derivatives Exchange in Mumbai. The futures contracts on mulberry cocoon and raw silk was jointly designed by ... More

COFFEE


Loans, I-T bother coffee growers despite price rise
THOUGH coffee prices have begun to look up on smaller crops in Vietnam and Brazil, the growers still feel disappointed. "There are a couple of issues that still worry us despite the surge in prices," said plantation industry sources. ... More

SPICES & CONDIMENTS


Spices exports top 2.5-lakh-t target
EXPORTS of spices crossed the 2004-05 target of 2.5 lakh tonne during the first nine months of the current fiscal, following substantial increase in shipments of certain low value items. In terms of value, it has gone up by Rs 229 crore from that ... More


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In Depth

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Looking back
Jan. 9-Jan. 15
Supply line planning can help curb sugar price rise: ISMA chief

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Gur factor may hit sugar output this year


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