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Monday, December 20, 2004

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AGRI-BIZ & COMMODITIES

CULTIVATION
AP projects bumper cotton, oilseeds crop
DROUGHT-like conditions notwithstanding, production of various major crops including oilseeds is likely to be much above the initial expectations in Andhra Pradesh. In fact, output of certain crops including paddy, maize and cotton is likely ... More

INSIGHT
Agricultural credit — Case for mitigating lending risks
IN A significant budget announcement in July 2004, the Finance Minister, Mr P. Chidambaram, promised a doubling of the flow of agricultural credit in three years. He followed it up by a series of discussions with Indian ... More

FERTILISERS
Cargill to demerge fertiliser business into Mosaic India
Mosaic is now allowed to engage in activities, including bulk import of permissible items and distribution of agricultural inputs. More

HORTICULTURE/FRUITS & VEGETABLES
Experts for linking job guarantee plan with horticulture growth
EVEN as the Government is all set to table the Rural Employment Guarantee Bill, 2004 in Parliament providing for legally assured 100 days of employment for poor rural households, there is a view emerging that such a programme should not be fully ... More

SUGAR
TN: Plan to start gur units under NAMT hits snag
FIVE proposals under the New Anna Marumalarchi Thittam (NAMT) to start gur manufacturing units in Perambalur district, awaiting clearance from the State-level coordination committee, are in lurch owing to an objection raised by the Directorate of ... More

TEA
Exporters keep off Coonoor tea sale
ELECTRONIC auction continued to be less attractive at the weekly sale held at the Coonoor Tea Trade Association. In the outcry sale No: 51 that followed, 14.57 lakh kg were offered for sale. But, the exporters thoroughly disappointed the ... More

TECHNICAL ANALYSIS
Cotton prices seen rising
NYCE cotton futures ended higher on Friday on speculative fund buying despite a bearish impact of the Government report on supply/demand. Markets have started to focus on the demand side of the business now with exports picking up good stream as ... More

FOODS & FOOD PROCESSING
NIN to update nutritive values of Indian foods
THREE decades after its landmark contribution in fixing the nutritive values of nearly 600 different foods Indians consume, the Hyderabad-based, National Institute of Nutrition (NIN), has decided to update the data available. The issues are how ... More

FOODGRAINS
Global peas supply up on higher output
WORLD supply of dry peas increased by 15 per cent to 12.6 million tonnes (mt) for the crop year 2003-04 (August-July) over previous season, mainly because of higher production in Canada, EU and the US. During the review period, world supply of ... More

OILSEEDS & EDIBLE OIL
Ruchi Soya may halt oil sales in loose form
"The packaged segment has been growing at 25-30 per cent while the bulk sales category is stagnant." More

COCONUT & COPRA
Kerafed to diversify into other products
THE Kerala Coconut Growers Cooperative Federation (Kerafed) as part of its diversification programme would set up a desiccated coconut, coconut cream and milk, manufacturing unit at Vytilla here at a cost of Rs 5.40 crore. The foundation stone ... More

AGRICULTURAL POLICY
World Bank for radical farm policy changes
The existing policy regime founded on achieving foodgrain self-sufficiency through high price support and large input subsidies is no longer compatible in the changed environment, nor is it sustainable. More

EVENTS
Bamboo Mission offers help to set up unit in Kerala
THE National Mission on Bamboo Application (NMBA) has offered to support Kerala in setting up a unit to manufacture bamboo mat glass fibre composites. Speaking to journalists on the sidelines of a national seminar on Integrate Development of ... More




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