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Wednesday, July 16, 2008
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Agri Prices (July 15)
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AGRI-BIZ & COMMODITIES

CULTIVATION: Rains hold key to guar crop’s prospects
Monsoon failure could force growers to shift to pulses. Chennai, July 15 Rainfall in the next 10 days in the guar-growing tracts of Rajasthan hold the key to a good crop or else the country could face 20-30 per cent ...

CLIMATE & WEATHER: Fresh rain wave on, may skip interior peninsula
Thiruvananthapuram, July15 An offshore trough has sprung up over the Karnataka - Kerala coasts on Tuesday driving the first meaningful showers of the season over south Kerala. ...

COMMODITY EXCHANGES: FMC moots ‘in principle’ nod for new commodity exchange
MMTC, IndiaBulls asked to clarify on shareholding pattern. Mumbai, July 15 Commodity market regulator Forward Markets Commission has recommended in principle approval for Minerals and Metals Trading Corporation (MMTC) and IndiaBulls Financial ...

TEA: Briquettes can save fuel cost: Tea Board
Re 1/kg benefit in manufacturing tea. Coonoor, July 15 Arising from the experiments conducted by Technology Informatics Design Endeavour (TIDE) under the Tea Board’s energy conservation project, the Board has informed factories that they ...

CLIMATE & WEATHER: ‘Downdraft’ tripped monsoon?
The long break of monsoon rains in the peninsula needs to be studied but it may also be related to the ‘downdraft’ related to a passing Madden-Julian Oscillation (MJO) wave of anomalous east-bound precipitation, according to Prof ...

HORTICULTURE/FRUITS & VEGETABLES: Drive to promote potato consumption
Kolkata, July 15 The West Bengal Cold Storage Association (WBCSA) is to launch a campaign to popularise consumption of potatoes. Giving this information to newspersons here on Monday, Mr Patit Paban De, President of the association, said it ...

RUBBER: Spot rubber prices rule unchanged
Kottayam, July 15 Spot rubber continued to rule unchanged on Tuesday. Traders seem to be expecting monsoon to regain strength in the days ahead during the Malayalam month ‘Karkkitakam’, which commences on Wednesday. ...

COMMODITY MARKETS: Sugar, castor hit upper circuit
Mumbai, July 15 Sugar futures in NCDEX hit the upper circuit of 4.03 per cent at Rs 1,626 a quintal following reports of drought-like situation due to insufficient monsoon in Maharashtra. Lower acreage under sugarcane cultivation is also ...

ANIMALS & LIVESTOCK: IVRCL bags contract for livestock institute building
Hyderabad, July 15 IVRCL has been awarded the contract for the first package of Rs 78 crore for the construction of the Indira Gandhi Centre for Advanced Research on Livestock ...

CLIMATE & WEATHER: Kharif crops may be hit in 6 States on deficient rains
Chennai, July 15 Deficient rainfall in 13 out of the 36 meteorological divisions of the country could affect the prospects of kharif crops in Assam, Gujarat, Maharashtra, Karnatka, Andhra Pradesh and Tamil ...

INSIGHT: Who benefits from the waiver?
The last act in the drama surrounding the Agricultural Debt Waiver and Debt Relief Scheme (ADWDR) announced by the Finance Minister on the February 29 is unfolding in rural India. All the leading banks were instructed to put on their ...





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