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Wednesday, September 24, 2008
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AGRI-BIZ & COMMODITIES

INSIGHT: Life on an American farm
Rodney Schilling is one of those typical farmers one would encounter in Midwestern US — hard-working, friendly and straightforward. The 53-year-old, fourth-generation agriculturist operates 1,300 acres of land in Okawville, a village ...

CORPORATE FARMING: Corporates turn to Latin America for oilseeds farming
STC leads consortium for contract cultivation. Chennai, Sept. 23 Driven by food security concerns, about 15 companies, led by the State Trading Corporation (STC), have formed a consortium to engage in corporate farming either in Paraguay or ...

TEA: ‘2009 tea season to see shortfall in output’
Demand rising but supply stagnant. Kolkata, Sept. 23 The tea season due from April 2009 will start with a shortfall of at least 75-80 million kg (mkg) of tea, according to Mr Aditya Khaitan, Chairman of India Tea Association (ITA) and also ...

CLIMATE & WEATHER: Feeble ‘low’ may see north-west dry up faster
Thiruvananthapuram, Sept 23 The feeble ‘low’ that has formed afresh in the North Bay of Bengal would once again help propel fairly widespread rainfall with isolated heavy falls over West Bengal, Sikkim and coastal Orissa. It ...

CULTIVATION: Bollgard Bt cotton acreage may swell to 172 lakh acres
Coimbatore, Sept. 23 The total area under Bollgard Bt cotton has steadily increased over the past five years from 0.7 lakh acres in 2002 to a whopping 144 lakh acres in ...

TEA: Tata Tea may hike prices
Bangalore Sept. 23 Firm tea prices may prompt Tata Tea Ltd to go for an upward price revision of its products, said Ms Sangeeta Talwar, executive director of the company, ...

SPICES & CONDIMENTS: Tight supply pushes up pepper futures
Kochi, Sept 23 Pepper futures continued their upward swing on tight supply in the domestic as well as in international ...

RUBBER: Rubber prices turn weak
Rubber prices turned weak on Tuesday. Major grades lost grip as covering purchases came to an end. RSS 4 moved down to Rs 134 from Rs 136 a kg, lacking fresh buyers from leading consuming ...

EVENTS: International flora expo to focus on biz potential
Mumbai, Sept 23 The Indian floriculture industry is facing a paradigm shift. A slowdown in exports is being largely neutralised by robust growth of 15-20 per cent in domestic sales, a sign of the country’s growing ...

FARM CREDIT: Nabard loans for AP projects
Hyderabad, Sept. 23 The National Bank for Agriculture and Rural Development (Nabard) has sanctioned 224 road, seven bridge and seven lift irrigation projects involving a loan assistance of Rs 320.23 crore to the Andhra ...

INSIGHT: The ethanol blending mess
Last year the Cabinet Committee on Economic Affairs (CCEA) had approved 10 per cent blending of petrol with ethanol. Since then, farmers have been waiting anxiously for the month of October 2008. They are hoping that October 2008 will bring ...





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Markets (Sept 23)
Nifty (at close)4126.90(-96.15)
US Dollar (Buy/Sell)45.63/64
Brent crude (a bbl) Rs4,702
Gold (a gram) Rs1,179
Silver (a kg) Rs20,295


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