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Wednesday, July 25, 2007
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
MCX picks up Neutron as tech partner
Mumbai, July 24 Multi Commodity Exchange of India Ltd (MCX) on Tuesday appointed Neutron Electronic Systems as its technology partner for installing modern video-based interactive system. Neutron’s Distant Education Solution will ... More

INSIGHT
Why it is bleak on the farm front
It is a tragic irony that the Centre, which had set 4 per cent growth for the agricultural sector in the National Agriculture Policy 2000 has to reiterate the same goal post at the recent National Development Council (NDC) meeting. The Prime ... More

The true Indian basmati rice — More than grains of differences
Farm scientists deem that the extant definition of basmati rice in the Commerce Ministry’s Notification to be restrictive and deleterious to the interests of farmers, in view of the proviso that one of the parents of a rice variety should be tr aditional variety of basmati to qualify for being classified as basmati. More

HORTICULTURE/FRUITS & VEGETABLES
FICCI to train fruit growers on European techniques
Tiruchi, July 24 The Federation of Indian Chamber of Commerce and Industries (FICCI) will train farmers in Tamil Nadu on European Good Agricultural Practices (EurepGAP).To start with, farmers in Tiruchi district would be enrolled for ... More

RUBBER
Supply fears keep spot rubber static
Kottayam, July 24 Spot rubber prices continued to rule unchanged on Tuesday. Though global signals were bearish, the prices sustained at current levels due to supply concerns, sources said. RSS 4 settled flat at Rs 81.50 a kg at Kottayam ... More

AGRICULTURAL INSTITUTIONS
Nabard releases Rs 424 cr for coop revival in AP
Move to wipe out accumulated losses on agriculture More

CASHEW
Strong rupee slows down cashew exports in Q1
Processors turn attention to meet domestic market More

SPICES & CONDIMENTS
Buying support props up pepper futures
Kochi, July 24 Pepper futures market on Tuesday moved up on good buying interest on spot.Unconfirmed reports from Vietnam said it had reduced the price of Asta grade to $3,800 a tonne (f.o.b). Indian parity on Tuesday was at $4,050 a ... More

COMMODITY MARKETS
23% drop in commodity exchanges’ turnover
Mumbai, July 24 The total turnover of the three national commodity exchanges for the fortnight ended July 14, 2007 has taken a knock compared to same period last month.Market regulator, Forward Markets Commission, data shows that MCX ... More

EXPORTS & IMPORTS
Increase in domestic vegoil prices more than imported ones
Chennai, July 24 On Monday, the Centre cut the import duty on vegetable oils by 5 to 10 percentage points. On Tuesday, the Finance Minister, Mr P. Chidambaram, said the move was in view of rising prices in the global market. Analysts, on the ... More






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