Business Daily from THE HINDU group of publications
Wednesday, January 09, 2008
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Agri Prices (Jan. 8)
Sugar S301391 (1371)
Groundnut oil ready650 (655)
Coconut oil ready5400 (5400)


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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Cyclonic whirl to drive wet weather
Thiruvananthapuram, Jan. 8 The passing western disturbance has thrown up an embedded cyclonic circulation (not amounting to a ‘low’) over North Pakistan and West Rajasthan, promising to scale up the snowfall and rains in the hills ... More

CULTIVATION
Sugar production seen below projected levels
Drop attributed to delays in crushing, lower yield More

AQUACULTURE
SEZ to be set up for marine products in AP
Hyderabad, Jan. 8 The Marine Products Export Development Agency (MPEDA), which works under the Union Ministry of Commerce, will set up the country’s first special economic zone (SEZ) for marine products in Andhra Pradesh.Likely ... More

INSIGHT
Gathering storm of farm revolt
More

RUBBER
Spot rubber prices improve
Kottayam, Jan. 8 Physical rubber rates turned better on Tuesday. RSS 4 improved to Rs 95 and Rs 95.50 from Rs 94.75 and Rs 95 a kg respectively at Kottayam and Kochi responding to a partial recovery in Japanese futures. Certain tyre companies ... More

SUGAR
Sugar hits lower circuit on profit booking
Mumbai, Jan. 8 It was time for profit-booking in agriculture commodity futures trading on Tuesday.After hitting the upper circuit on Monday, sugar for January deliver on NCDEX dropped to the lower circuit of 4 per cent at Rs 1,410 per ... More

TEA
Kenyan violence to help Indian tea
Kochi, Jan. 8 Disruption in tea production and trading in Kenya and some other tea producing countries in the region in the wake of the post-election violence in Kenya from December 30 is likely to push up the Indian tea exports. ... More

MoP shortage affects Assam tea estates
Soil preparation, maintenance of bushes hit: Indian Tea Association More

Offerings at auction dip
More

AGRICULTURAL INSTITUTIONS
Nabard sanctions Rs 23.68 cr to Kerala
Thiruvananthapuram, Jan. 8 The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 23.68 crore to Kerala for implementing various rural development projects in the State.A total of 91 projects come under the ... More

COFFEE
Girijan Co-op plans to enter coffee market
The Girijan Co-operative Corporation (GCC) is planning to procure coffee grown by Girijans in the Eastern Ghats of Visakhapatnam district in the Paderu area and export it, according to Mr D.S. Redya Naik, State Minister for Tribal ... More

SPICES & CONDIMENTS
Speculative activities continue to buoy pepper
Kochi, Jan. 8 Speculative activities continued to push up the pepper futures market on Tuesday. Investors were active in selling futures and buying fresh spot exchange delivered material even at one rupee above the January price. Processors ... More

COMMODITY MARKETS
Gold zooms to record $875
Mumbai, Jan 8 Domestic gold prices zoomed to Rs 11,125 per 10 gm, lead by rates in the global markets rising to record high of $875 an ounce. The surge in the yellow metal’s price is owing to strong buying by the funds and surging ... More






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