Financial Daily from THE HINDU group of publications
Saturday, September 17, 2005
Agri Prices (Sept 16)
Sugar 301780 (1790)
Groundnut oil ready481 (482)
Coconut oil ready5250
Pepper garbled ready6400


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AGRI-BIZ & COMMODITIES

SEEDS


ICAR affiliates to produce tissue culture seedlings
RESEARCH organisations affiliated to the Indian Council of Agricultural Research (ICAR) would be mandated soon to produce tissue culture seedlings/ plantlets of various crops and supply the same to farmers, the Union Agriculture Minister, Mr ... More

National seed plan on cards
The Agriculture Ministry is trying to develop a National Seed Plan so that the best seed variety for each agro climatic zone is identified and is promoted through ICAR and State agricultural Universities (SAUs). "The current seed replacement ... More

INFRASTRUCTURE


Yes Bank, Alterra in talks with States for agro-food parks
YES Bank and the Netherlands based-Alterra are in talks with various State Governments, including Uttaranchal, Uttar Pradesh, Rajasthan and those in the North-East, to set up integrated agro-food parks. These parks will have complete solutions ... More

PLANTATIONS


Centre to share plantation sector's social welfare costs — Process begins to amend Plantation Labour Act
THE Union Government has started the process of making necessary amendments in the Plantations Labour Act, 1951 and make it more relevant to the current industrial scenario. This was stated by Mr S.N. Menon, Union Commerce Secretary, while ... More

RUBBER


Marginal improvement in rubber futures
KOTTAYAM: NMCE rubber futures improved marginally on Friday. October contract was quoted at Rs 59.58 (Rs 59.41), November at Rs 57.74 (Rs 57.59), December at Rs 58 (Rs 57.80) and January contract at Rs 58.55 (Rs 58) a kg for RSS ... More

SUGAR


Increase sugar output: Pawar
THE Union Minister for Agriculture, Food, Public Distribution, and Consumer Affairs, Mr Sharad Pawar, has called upon the scientists in the field of sugarcane research to develop cane varieties to meet the need of the hour. Speaking at a ... More

PRECIOUS METALS


Bull run may drive gold prices higher
A BULL run in the international gold market is expected to take prices even higher than $460 an ounce. At forenoon on Friday in the London market, gold was trading at $459.65/oz, up $3.40/oz, buoyed by positive reports from Asia. On TOCOM, ... More

FOODGRAINS


Kharif grain output pegged at 105.25 m tonnes — Cotton picture `unclear'; monsoon hits soya crop
FOODGRAIN production for the current kharif is expected to be 1.9 per cent higher at 105.25 million tonnes (mt) compared with 103.32 mt last year, according to the first advance estimates for 2005-06. "The first advance estimates have placed ... More

JUTE


IJMA to go in for 6-day week to protest high raw jute prices
MEMBERS of the Indian Jute Mills Association (IJMA) have decided to go in for a six-day production week to protest against the high raw jute price fixed by the Jute Corporation of India (JCI). Addressing a press conference, senior IJMA members ... More

Jute workshop in AP
VISAKHAPATNAM: The Jute Manufacturers Development Council (JMDC) is organising a one-day workshop on prospects of jute products and industry in Andhra Pradesh on Saturday at the Taj Residency here at 10 a.m. Ms. Lakhsmi Parthasaradhi, ... More

OILSEEDS & EDIBLE OIL


Tariff values cut for vegoils
THE Finance Ministry has issued a notification reducing the tariff value for various imported vegetable oils in an attempt to mirror the weakening price trend in the international market. Tariff value is the price at which customs duty is levied ... More

COFFEE


Citigroup hikes stake in Tata Coffee
The Citigroup has recently increased its stake in Tata Coffee to over five per cent of the company's paid-up capital. The Citigroup Global Markets (Mauritius) Pvt Ltd has acquired about 54,500 shares of Tata Coffee from the open market, ... More

Tata Coffee plans tie-up with Uganda for new brand
TATA Coffee proposes to float a marketing joint venture with the Ugandan Government to create and promote a new coffee label. At present, Tata Coffee is in the process of setting up a Rs 50-crore, 3,600-tonne instant coffee plant in ... More

AGRICULTURAL POLICY


TN announces Rs 1,014 SAP for sugarcane
THE Tamil Nadu Government has announced a State Advised Price of Rs 1,014 for a tonne of sugarcane linked to 9 per cent recovery for the 2005-06 season. The Government has decided that the minimum price to be paid by any sugar mill should be Rs ... More



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