Business Daily from THE HINDU group of publications
Saturday, December 09, 2006
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Agri Prices (Dec. 8)
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Ground ready556 (555)
Coconut oil ready5450
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
`Ban on advisory services in derivatives to curb volatility'
Agri products may be out of mutual funds' purview More

WHEAT
Wheat coverage tops 200 lakh hectares
Drop continues in oilseeds acreage; chana area up More

CLIMATE & WEATHER
Rains may lash TN coast from Sunday
A renewed spell of rain from an approaching easterly wave is likely to induce a positive change in the rainfall profile. Rains are expected to lash coastal Tamil Nadu and, progressively, adjoining Kerala from Sunday onwards. Northeast monsoon ... More

RUBBER
Rubber futures hit upper circuit
Rubber futures in near series traded on National Multi-Commodity Exchange (NMCE) terminals hit upper circuit, apparently due to supply squeeze, the Exchange said in a release here on Friday. The near-December contract hit a high of Rs 8,595 and ... More

Sheet rubber improves further
Gains in Japanese futures lifted the domestic rubber prices to further highs on Friday. Sheet rubber RSS 4 improved to Rs 82 a kg from Rs 80 and Rs 80.50 a kg respectively at Kottayam and Kochi. Traders are selling in futures and buying from ... More

TEA
Prices steady at Kochi tea sale
Finer grades of CTC tea were dearer at the Kochi tea auction by Rs2-4, while bolder varieties remained dearer. Medium CTC varieties remained barely steady. Prices of orthodox high grown varieties eased, while medium varieties remained steady. ... More

COTTON
Record crop
FALLING PRICES: Cotton being packed at a farm in Vattimala village in Karimnagar district of Andhra Pradesh. Higher production and arrivals have led to fall in prices. The rates for the popular Shankar-6 variety have declined below Rs 18,000 for ... More

OILSEEDS & EDIBLE OIL
Palm oil ideal for bio-diesel despite threats: FAO
The situation has rapidly reached a level where the entire agricultural sector and its markets are being impacted. There are also apprehensions that non-food use of food products could hurt food and nutrition security of a large mass of poor people. More

Oilseeds body made nodal export agency
To be nodal agency for export of oilseeds and products More

TOBACCO
Tobacco farmers oppose crop deregulation
The Andhra Pradesh Tobacco Growers' Association is opposed to deregulation of tobacco cultivation and doing away with fixing of the crop size by the Tobacco Board, a step suggested by the Prabhir Sengupta Committee, according to Dr Y. Sivaji, ... More

SPICES & CONDIMENTS
Chilli futures gain a tad
NCDEX's decision on Friday to launch new chilli future contracts for trading from February pushed up prices marginally by 0.68 per cent to Rs 6,215 a quintal. The prices have been declining over the last few days on non-availability of contracts ... More

Cardamom rules steady
Buying support from North India buoys sentiment More






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Top Stories
Wheat coverage tops 200 lakh hectares

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