THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Thursday, November 16, 2000

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Agri-Business

Agriculture
`ICRISAT must adopt region-wise R&D strategies'
THE International Crops Research Institute for Semi-Arid Tropics (ICRISAT) needs to adopt two different strategies for sub-Saharan Africa (SSA) and South Asia, according Dr J.G. Ryan and Dr Dunstan Spencer.

Global oilseed trade set to fall
WITH improved production prospects in major importing countries and small increase in aggregate world output, the global oilseed trade is poised to decline by six per cent in the current year. The decline will be accounted for mainly by soyabean and rape seed.

Mixed trend likely in global grain trade
AS the global production conditions become increasingly clear, world grain trade is expected to present a mixed bag. In 2001, while the world rice trade is set to expand by about two million tonne, wheat and coarse grains trade is forecast to shrink by a bout three m.t. each.

Import duty hike on apples upsets NZ
NEW Zealand was ``shocked and disappointed'' with the Government's decision to raise the import duty on apples from 40 per cent to 52 per cent, New Zealand's Minister for Trade Negotiations, Mr Jim Sutton, said here on Wednesday.

Plantations
Latex import ban fails to impact cenex market
DESPITE the Government withdrawing the permission given earlier for import of natural rubber latex, it has not created any impact in the cenex market. The market has been witnessing a declining trend over the past 2-3 months.

Tea
`Tea industry in worst slump'
THE Chairman of North East Tea Association (NETA), Mr J.K. Singhania, said the domestic tea industry was passing through one of the worst periods in recent times. Prices of average teas in auctions throughout the country had fallen since mid-1999 and the decline had continued, worsening the plight of the producers.

Nedungadi Bank keen to help tea sector
THE Nedungadi Bank Ltd has expressed interest to help the Tea Board in solving the financial problems of the tea sector, the bank's Chairman, Mr A. R. Moorthy, has said.


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