Business Daily from THE HINDU group of publications
Thursday, June 07, 2007
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Agri Prices (June 6)
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AGRI-BIZ & COMMODITIES

FARM CREDIT
An alternative financing model
De-linking tractor finance from landholdings would not just expand the market and extend the benefits of mechanisation to more farmers, but will also help promote a vibrant rural services industry. "No farmer, even if he owns 8 acres and grows ... More

Tractor industry misses out on the auto boom
Nabard's stringent guidelines for financing hit sales More

CLIMATE & WEATHER
Rain alert for southwest coast, northeast
Landfall and subsequent weakening of super cyclone `Gonu' over Oman is triggering a flurry of activity in the Arabian Sea, with the building monsoon flows prompting a rain watch alert in the southwest coast and the north-eastern region. The ... More

AQUACULTURE
Fishing ban in 3 Karnataka districts
A 67-day deep-sea fishing ban will be in force in the three coastal districts of Karnataka - Dakshina Kannada, Udupi and Uttara Kannada - from June 10. A Government notification said on Wednesday that the ban would be in force from June ... More

INSIGHT
Agriculture: Still hoping for succour
How many of us ever think of the farmer who toils to put the food on our tables? More than 60 crore Indians are engaged in agriculture. Do we have a common market? Why are we being dictated to on what is good for us? And why cannot the agricultural f raternity break loose from its bureaucratic mindset, asks K. P. PRABHAKARAN NAIR, who says there is something inherently wrong in the way the country looks at the farm sector. More

RUBBER
Spot rubber prices improve
Spot rubber rates improved on Wednesday. The market firmed up mainly on covering purchases at lower levels. Sellers withdrew while covering groups turned active above Rs 85 level, which offered a short-term technical support to the market. RSS 4 ... More

TEA
Dry weather affects Nilgiris tea output
Dry weather has slowed the harvest in many tea plantation pockets of the Nilgiris and the spread of red spider mites has raised doubts on the flush crop of June. The only mentionable rain in the Coonoor belt for the last two months came ... More

Tata Tea open offer for Mount Everest from July 27
Tata Tea's open offer for 20 per cent stake in Mount Everest Mineral Water Ltd will open on July 27 this year. The specified date for the offer is July 4. Tata Tea had last week announced the acquisition of a 24 per cent stake in Mount ... More

EDUCATION
TNAU offers distance course in sugarcane tech
A two-year post-graduate course in sugarcane technology is being introduced this year under the open and distance learning (ODL) stream of the Tamil Nadu Agricultural University. The University's Directorate of ODL is offering this study ... More

OILSEEDS & EDIBLE OIL
Oilmeal exports down 50% in May
Oilmeals export declined in May sharply. . Shipments of various oilseed extractions totalled 2.3 lakh tonnes (lt), almost half of 4.4 lt shipped out in April. Exports comprised mainly 1.1 lt of soyabean meal, 74,000 tonnes of rapeseed meal and ... More

COMMODITY COMMENTRAY
Govt can revive supply of edible oil through ration shops
It may be prudent to examine if a duty cut on soyabean oil would make sense. More

COCONUT & COPRA
Copra procurement centres opened in East Godavari
Nafed and the AP Oil Federation (Oilfed) opened four copra procurement centres in the Konaseema region of East Godavari district on Wednesday as a market intervention measure. This is the second time such an operation is being undertaken. ... More

SPICES & CONDIMENTS
Cardamom crop may be hit
Output in Kerala, TN likely to fall on erratic monsoon More

Pepper futures decline on fall in Vietnam prices
Pepper futures market fell on Wednesday on reports of fall in Vietnam prices and the prevailing uncertainty over the restrictions on nearby positions. The market was highly volatile. About 50 tonnes of spot pepper was traded. Reports that ... More

REGULATORY BODIES & RULINGS
FMC favours NGOs' participation in futures
The Chairman of the Forward Market Commission, Mr B.C. Khatua, has defined the dual role of the commission as a promoter and regulator of the commodities futures market. "In a nascent market like India, the commission has to balance the act of ... More

EXPORTS & IMPORTS
India seeks greater trade with UAE in agro products
APEDA delegation may visit UAE More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Ministry wants CVD on imported wines, spirits to go

Govt can revive supply of edible oil through ration shops

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Looking back
May. 27-Jun. 2
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