Business Daily from THE HINDU group of publications
Thursday, March 13, 2008
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Agri Prices (March 12)
Sugar S301495 (1485)
Groundnut ready740 (740)
Coconut oil ready5850 (5900)


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AGRI-BIZ & COMMODITIES

FARM CREDIT
Replication of SICA on the farm front
The staggering scale of farm loans that are going to be written off is a throwback to the giveaway to industrialists under the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) that is in its sunset years after having been given ... More

RICE
African factor to keep rice prices firm
Chennai, March 12 Two weeks ago, prices of rice crossed $500-a-tonne-mark. Along with wheat, rice prices have also increased and nearly doubled in the last 12 months. In the last one week, prices have seen nearly 10 per cent jump on heavy ... More

STORAGE
Rural godowns on the cards
More

AQUACULTURE
Fishing harbour work apace
The first phase of work on establishing a new fishing harbour on an outlay of Rs 40 crore in Karaikal were progressing at a fast pace. The first phase of the work costing Rs 18 crore will be completed in a few months and the second phase of work ... More

INSURANCE
Livestock insurance makes farmers to go in for cross-breeding
ICICI LOMBARD EXPERIENCE More

RUBBER
Spot rubber rules firm
Kottayam, March 12 Physical rubber rates remained almost steady on Wednesday. The lack of positive energy in global rubber kept the domestic buyers mostly on sidelines but the market sustained at the prevailing levels as there has been no ... More

TEA
Tea e-auction launch ‘within this year’
Kolkata, March 12 Scope of the futures market in tea was discussed at a high-level meeting held at the Tea Board office here on Wednesday. Mr Basudeb Banerjee, Chairman of Tea Board; the Deputy Chairman, Ms Roshni Sen; and member of the ... More

Higher volume on offer at Coonoor tea auctions
Coonoor, March 12 Increased arrivals have pushed up the volume to be offered at the 11th auction of 2008 of the Coonoor Tea Trade Association here tomorrow and Friday. An analysis of the catalogues of the various brokers indicates that ... More

GOLD & SILVER
RiddhiSiddhi launches e-platform for bullion
‘The platform will help the industry save Rs 300 cr by a click of mouse’ More

CASHEW
Cashew exports likely to fall in volume, value
Kochi, March 12 If the current trend is any indication, exports of cashew during the current fiscal are likely to drop in terms of volume and in rupee terms, although it might show a better performance in terms of value realisation in dollar. ... More

SPICES & CONDIMENTS
Chilli futures hit lower circuit
Mumbai, March 12 Chilli hit the lower circuit of 4 per cent at Rs 3,937 per quintal due to increase in arrivals at the Guntur spot markets.Turmeric plunged 3.69 per cent at Rs 3,183 per quintal on long liquidation after the heavy rally. ... More

Pepper drops on liquidation
Kochi, March 12 Pepper futures market fell sharply on Wednesday on bearish sentiments and on reported decline in Vietnam prices.There was not much selling pressure on spot. Big stockists, however, was liquidating their stocks and the ... More

EXPORTS & IMPORTS
S.India rice exporters seek review of shipment curbs
Want cargoes to be allowed through Chennai, Vizag, Kochi ports More






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