AGRI-BIZ & COMMODITIES
COMMODITY EXCHANGES
MCX arm plans spot trading in natural gas
The MCX promoted National Spot Exchange Ltd (NSEL) is planning to hold spot trading in natural gas and agri-inputs. This is apart from the proposed promotion of electronic spot trade in agri-produce. The natural gas market is fast maturing in ...
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CLIMATE & WEATHER
Dry summer likely for S. India
Southern India is likely to have a greater than usual chance for below normal precipitation for the three months beginning February, indicating hot and dry summer ahead. But no `tilt of odds' is predicted for precipitation in North India, says ...
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STORAGE
NCDEX chief moots improved warehousing to boost farm income
Warehousing system should be strengthened to give farmers better access to the financial system, said Mr P.H. Ravikumar, Chief Executive Officer, NCDEX. On the sidelines of a symposium on farm credit for inclusive growth held here recently, he ...
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INSIGHT
Industry vs agriculture
Why is it that, suddenly, land acquisition for setting up industry has become such an important subject of discussion among policy-makers and in society at large? One answer would be that, in recent years, ...
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FLORICULTURE
Flower Show in Kottayam
The 45th annual flower, fruit and vegetable show will be inaugurated by Ms Reeba Varkey, Municipal Chairperson, here on Thursday. Mr. K.M. Mathew, Chief Editor, Malayala Manorama, will inaugurate the ticket sale. Film star ...
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PLANTATIONS
Adverse weather hits arecanut production
20-25 per cent drop seen in white variety output
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Shortage of material
Though demand for dried arecanut (Kottadaka) has increased, the market finds shortage of the material, according to Campco sources. Usually the arrival of `Kottadaka' could have begun in December. But due to prolonged rains arrivals were ...
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RUBBER
Spot rubber prices decline
Spot rubber witnessed all-round losses on Tuesday. The market was reacting to the weakness in Tokyo Commodity Exchange, which settled marginally down after Monday's bull domination. Sheet rubber closed at Rs 96 a kg against Rs 97 a kg both at ...
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SUGAR
Govt plans to enhance ethanol blended petrol programme
Willing to pay higher price for extra LNG from Iran
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TEA
Jan-Nov tea output up 29.8 million kg
The country's tea production in 11 months of 2006 increased by 29.8 million kg over the same period last year, according to the latest figures available from different planting zones. During January-November 2006, totally 909.1 million kg was ...
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FOODGRAINS
High grain costs strain food aid budget
While food aid to support poor nations continues, rising grains prices and transportation costs (caused by strong crude market) are seen straining available budgets. Considering the food situation in developing countries, the Food Aid ...
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Duty-free import on cards?
RISING DEMAND: A vendor boiling maize at a street corner in Udhagamandalam, Tamil Nadu. The Centre is considering allowing duty free maize imports owing to increased demand from poultry sector. Maize production during kharif season this year ...
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AGRICULTURAL INSTITUTIONS
ISO cert for Nabard college
MANGALORE: The regional training college of Nabard (National Bank for Agriculture and Rural Development) in Mangalore has been awarded the ISO 9001:2000 certificate by Kema of Netherlands. ...
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POULTRY
Suguna Poultry to invest in livestock vaccine project
The Suguna Poultry group is investing in bio-technology project. The company is expected to invest Rs 40 crore into the new venture, which will involve initially in production of poultry vaccine and subsequently expanded to the entire livestock ...
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SPICES & CONDIMENTS
Demand props up jeera
Strong demand from the northern markets pushed up jeera prices on the spot market by Rs 100 to Rs 9,150 per quintal, while the futures on NCDEX was up 1.15 per cent to Rs 9,210 per quintal. "Despite being the peak arrival season, there was ...
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Pepper futures decline
Pepper futures on Tuesday showed a declining trend on speculative activities despite tight supply position. NMCE contracts were reportedly traded MG 1 at Rs 110-111 a kg, while on NCDEX, there were no sellers even at Rs 113 a kg. In fact, NMCE ...
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AGRICULTURAL POLICY
Two-tier compensation package for farmers likely
Land acquisition for SEZs and industrial projects
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TRADE & LABOUR UNIONS
Nabard staff plan agitation
The All India Nabard Employees Association has decided to launch a nationwide agitation to press a list of demands. Announcing details agreed upon during a meeting of office-bearers at Hyderabad, Mr Jose T. Abraham, Vice-President, said the ...
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EVENTS
Edible oil meet to showcase latest technology
The Solvent Extractors' Association of India (SEA), a premier association of vegetable oil industry is organising the "6th National Seminar on Technology Upgradation in Vegetable Oil Industry" jointly with the Indian Institute of Chemical ...
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Mining meet to discuss global scenario
A seminar on `Accelerating the momentum in Indian mining sector' will be held in Mumbai on January 20 to closely examine the current status of the mining industry and lay a roadmap for its future growth. Organised by jointly ...
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EXPORTS & IMPORTS
Soft oils import slips as consumers shift to rapeseed
Vegoil imports up 11 per cent during Nov-Dec
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