Business Daily from THE HINDU group of publications
Tuesday, March 27, 2007
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Agri Prices (March 26)
Sugar S-301500 (1490)
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Coconut oil ready4600 (4600)


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AGRI-BIZ & COMMODITIES

CLIMATE & WEATHER
Models suggest `good' monsoon from La Nina
Will be preceded by a harsher summer, warns IRI More

SEEDS
Pioneer ties up with Prasad Seeds
Pioneer Hi-Bred International Inc has entered into an agreement to work with a new production plant in Medchal, on the outskirts of Hyderabad. This new facility is owned and operated by Prasad Seeds. Coupled with the existing Pioneer ... More

INSIGHT
Farm sector needs specific approach
While presenting the Budget, the Finance Minister recalled the quote of Jawaharlal Nehru that everything can wait but not agriculture. Thus, he decided to allocate 15 minutes of his speech to the sector. There are many issues in ... More

PLANTATIONS
Rise in new arecanut arrivals
Arrivals of new arecanut have increased considerably following good demand from Uttar Pradesh, Bihar and Delhi where it is mainly used for chewing purposes under different brand names. Some brands are sold adding colour. ... More

RUBBER
Rubber turns weak on lack of follow-up buying
Spot rubber turned weak on Monday. The market lost its steam in the absence of follow-up buying from major consuming industries. Covering groups and purchase agents mostly sidelined the market waiting for a favourable move from the tyre sector. ... More

TEA
Higher offerings at Coimbatore tea auction
Total offerings touched a high of 6.55 lakh kg at the Coimbatore tea auction on Friday. Leaf grades totalled 2.71 lakh kg and the rest was of the dust. The Orthodox leaf grades witnessed selective demand. Well-made Nilgiris teas quoted lower ... More

Bombay Burmah teas bag 4 awards
The nine-member international jury of the Third Edition of the Golden Leaf India Awards: Southern Tea Competition has selected 20 estates for the 40 awards here. Bombay Burmah Trading Corporation Ltd topped with four awards followed by ... More

GOLD & SILVER
UTI Gold ETF raises Rs 140 cr
UTI Gold Exchange Traded fund has raised around Rs 140 crore by its new fund offer period (NFO) from March 1 - 16, said Mr Jaideep Bhattacharya, Chief Marketing Officer, UTI Mutual Fund. The fund will be listed on the NSE on either April 9 or ... More

CASHEW
Good scope for developing cashew sector in Orissa, AP
`Both states must be given right impetus to boost production' More

POULTRY
Policy measures sought to boost aquaculture
To help develop domestic market, create infrastructure facilities More

SPICES & CONDIMENTS
Pepper prices unlikely to drop below $2,500 a tonne
Current tight supply position expected to stay More

Turmeric futures up on speculative buying
Good buying by stockists coupled with export demand helped chilli futures on NCDEX hit the upper circuit of 6 per cent at Rs 5,245 per quintal. "Though the arrivals were higher at 1 lakh bags against 60,000-80,000 bags through last week, spot ... More

Strong Vietnam market boosts pepper futures
Reports of tight supply position in Vietnam with thin arrivals have pushed up the pepper futures market on Monday. Vietnam was quoting only 500 GL FAQ at $2,465 a tonne (f.o.b.). They were reportedly not offering other grades. April ... More

AGRICULTURAL POLICY
Sugar stocks rise as Govt plans incentives for sector
Proposals good only for short-term More

EVENTS
NGOs to organise Rice Week
A group of non-governmental organisations is organising `The week of rice action' from March 28 to April 4. The event, facilitated by Pesticide Action Network Asia-Pacific, is intended to celebrate the culture of rice in the Asia-Pacific region, ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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Looking back
Mar. 18-Mar. 24
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