The Hindu Business Line : Wednesday, April 06, 2005

An island and a crop in transition
With the European Union having to toe the WTO line and cut subsidies, Mauritius' earnings from sugar exports are set to drop by over a third, an outcome that could jolt its economy. The government strategy is to mechanise cane farming and cut product ion costs even as it tries to turn the mono-crop economy into a cyber island. Does this mean the famed sugarcane that has withstood the Indian Ocean cyclones for the last 300 years will be felled by the winds of globalisation, asks K. Venugopal, who was recently in Mauritius. More

RUBBER

Rubber declines on sales
SPOT rubber rates declined on Tuesday. Widespread rains succeeded in inducing a selling mood in the market while slight increase in arrivals was also reported from the marketing centres. Buyers were keeping a low profile since favourable turn in ... More

TEA

Call to promote tea as health drink
REPRESENTATIVES of the tea industry from Sri Lanka, Bangladesh and India attending the four-week Commonwealth-sponsored programme for the Executives of the Commonwealth nations held in Coonoor under the aegis of the Plantation Management Academy ... More

COTTON

Global cotton prices seen firm next year
WORLD cotton prices are expected to bounce higher next year from the current levels following expectation of decline in crop size from this year's record high levels. On current reckoning, based on market fundamentals, Cotlook A-Index is ... More

OILSEEDS & EDIBLE OIL

Nafed buys 4 lakh t of mustardseed
IN order to stabilise falling mustard prices, National Agricultural Co-operative Marketing Federation of India Ltd (Nafed) has procured over 4 lakh tonnes of mustardseed under the Government's Price Support Scheme in March. "This is an ... More

Edible oil imports seen rising 5 lakh t
THE country's edible oil imports are likely to increase by five lakh tonnes. The increase in imports is actually being capped by a recovery in the rabi oilseeds crop. "Despite soyabean crop production being cut by the industry and mustard crop ... More

POULTRY

VAT hits live chicken exports to Kerala
LIVE chicken movement from Tamil Nadu to Kerala has been affected for the last one week in view of the poultry traders objecting to 12.5 per cent value- added tax (VAT) being imposed by Kerala on live birds brought from Tamil Nadu. According ... More

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