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Monday, June 09, 2008
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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
NSEL signs MoU with Gujarat for agri-biz
Ahmedabad, June 8 The newly-formed National Spot Exchange Ltd (NSEL) has signed a Memorandum of Understanding with the State-owned Gujarat Agro-Industries Corporation Ltd (GAIC) to create a strategic alliance for development of agri-business ... More

CLIMATE & WEATHER
Monsoon holds strong, west coast ‘low’ soon
Thiruvananthapuram, June 8 After storming into the Konkan-Mumbai belt on Saturday, a power-packed monsoon pulse chose to rain it down over the region for another day while holding back its northward progress. An India Meteorological ... More

AQUACULTURE
Big catch
More

HORTICULTURE/FRUITS & VEGETABLES
Luring all
More

TECHNICAL ANALYSIS
Gold to test the resistance levels
Comex gold futures ended sharply higher on Friday after the release of non-farm payroll data. The US unemployment rose to 5.5 per cent in May from 5 per cent, its highest since October 2004. Some 49,000 jobs were cut from payrolls in May, up from ... More

Cotton: Bearish reversal
Cotton futures ended higher on Friday on speculative buying taking direction from other commodities and dollar weakness. The market also received support from talk of dry, hot weather in Texas, which is expected to plant more than half of all US ... More

FOODGRAINS
US corn may face setback; weather concerns remain
There is a strong possibility of some of the acreages going to soyabean More

World Bank’s 10-point plan for the food crisis
The global food crisis has been written about for months now. Local manifestation in the shape of food riots and political protests cannot eliminate the global cause of the problem. World leaders are meeting in Rome currently to consider how to ... More

POULTRY
NECC for fixing cap on maize, soya stocks
The National Egg Co Ordination Committee (NECC) has appealed to the Union Government to impose a stock ceiling on maize and soya meal on traders.“This will help more of these stocks enter into the market and bring down ... More

AGRICULTURAL POLICY
Is the Centre deliberately delaying paddy MSP hike decision?
More

COMMODITY MARKETS
Gold likely to make further gains; may rule firm
Risk of a fall in crude prices clouds prospects More






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