Business Daily from THE HINDU group of publications
Thursday, March 08, 2007
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Agri Prices (March 07)
Sugar S-301470 (1468)
Coconut oil ready4750 (4750)
Pepper garbled ready11800 (11800)


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AGRI-BIZ & COMMODITIES

COMMODITY EXCHANGES
NCDEX plans to prune contract size
In talks with NGOs to rope in small growers More

Chana futures gain on NCDEX
The decision to canalise all maize exports through Government agencies pulled down maize futures on NCDEX 1.60 per cent to Rs 737.50 per quintal. "Opening on a bearish note, maize futures dipped to the day's low of Rs 727 per quintal, but ... More

FARM CREDIT
PNB credit scheme for Kerala farmers
Punjab National Bank has come forward to supplement farmers' income by launching the PNB Sampurn Rin Yojana scheme, according to Mr S.P. Singh, Zonal Manager, Kerala. Under this scheme, he said, farmers are provided credit for meeting expenditure ... More

CLIMATE & WEATHER
Westerlies to hit northwest back-to-back
The two incoming western disturbances are now expected to hit northwest India back-to-back, with the latter of the two being a `particularly strong' one. The India Meteorological Department (IMD) has confirmed this in its forecast on ... More

RUBBER
Spot rubber declines on global trend
Rubber prices lost ground on another sharp fall in overseas futures. The dip in Japanese markets was attributed to heavy long liquidation from bulls to limit their losses. Most of the contracts were down by the daily limit on TOCOM In the ... More

SUGAR
Bumper cane harvest to prolong crushing till May
A bumper cane crop — much more than what either the Government or the industry had bargained for — has meant that mills this year will end up crushing well onto the peak summer period. Last year, most mills in Uttar Pradesh had ... More

TECHNOLOGY
Smart card for vegetable traders in Bangalore
AUCTION SWIPE More

OILSEEDS & EDIBLE OIL
Vimal Oil & Foods plans FPO, rights issues
The Ahmedabad-based edible oil company Vimal Oil & Foods Ltd will be tapping the market with a follow-on public and rights issues to part-finance diversification into snacks and food processing. The follow-on public issue of 99.66 lakh equity .. More

SPICES & CONDIMENTS
India slips to fifth spot in pepper suppliers' list
High output cost, poor yield make it `uncompetitive' More

Pepper futures down on lack of buying support
The pepper futures market on Wednesday declined slightly for want of buying support both from the overseas and domestic markets. The exporters and other buyers were silent. In the international market all the other origins ruled steady. ... More

COMMODITY MARKETS
Workshop on commodities trade
Mr Ashok Mittal, Vice-President of Karvy Comtrade Ltd, has said that the burgeoning commodities markets in the country offer huge employment opportunities. Addressing the inaugural of the two-day workshop on commodities trade at ... More

EVENTS
Wheat output likely at 73.5 mt, says Pawar
Futures trading not banned, only suspended: Official More

OUTLOOK
Sugar output estimate to be revised upwards
Maharashtra, UP may produce 12 lakh tonnes more More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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`Allow small growers to hedge risks in futures market'



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