AGRI-BIZ & COMMODITIES
WHEAT
Wheat procurement crosses 88 lakh tonnes
Wheat procurement by the Food Corporation of India (FCI) and State agencies has reached 88.16 lakh tonnes (lt) during the current 2007-08 rabi marketing season (April-June) as per the latest compiled information till Monday. This is still below ...
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AQUACULTURE
Current favourite
PRIZED CATCH: A fisherman displaying tuna fish he caught near Kavaratti in Lakshadweep. High export potential, both in terms of global interest and value-addition, has made tuna a current favourite. Tuna exports from the country are projected to ...
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INSIGHT
Has food become an astra?
Almost four decades ago, the then US President, Richard Nixon, said that food is a weapon and must be used as such. He was ready to write-off India as a "basket case" because of the Public Loan (PL 480) situation; India was literally living ...
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Farm policy must plough a new furrow
To achieve the goal of 4 per cent agricultural growth, the farm focus must turn to dryland agriculture, wasteland development, horticulture, organic farming and warehousing. While on one hand, the policymakers are sanguine about the immense opp ortunities, on the other, they lament the constraints faced. There is a need for an integrated and holistic approach with regulatory reforms.
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RUBBER
Spot rubber improves on global trend
Spot rubber improved on Monday. Positive signals from the global rubber indices set the trend of the day and covering groups and purchase agents remained rather active on sheet rubber. The grade improved to Rs 85.50 from Rs 85 and Rs 84.75 a kg ...
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TEA
233 applications for Special Tea Fund
The Tea Board received 233 applications till April 30 seeking assistance under the newly-launched Special Purpose Tea Fund (SPTF). "There was a long queue in our office till late in the evening on the April 30 to submit the applications, and ...
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`Border, transport issues critical for tea exports to Pak'
Direct sailings between Kochi and Karachi ports to start soon
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WATER
AP Govt okays two irrigation projects worth Rs 28,000 cr
Minister says tenders to be floated next week
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GOLD & SILVER
Continuing to shine
AT 2-WEEK HIGH: A worker engaged in making gold jewellery at a unit in Thrissur, Kerala. Gold prices were positive towards the close of last week and the trend continued on Monday. A weak dollar pushed gold to 2-week high of $690.80 an ounce. ...
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SPICES & CONDIMENTS
Pepper exports surge 56% in 2006
Exports of pepper from the country showed a substantial leap in 2006 to 24,673 tonnes valued at Rs 242.8 crore against 15,800 tonnes in 2005, registering an increase of 56 per cent in volume and 84 per cent in value. Total shipments during the ...
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Pepper futures continue to decline
Pepper futures witnessed a fall on Monday on reports of decline in Vietnam prices and bull liquidation. However, Vietnam was reportedly offering 500 GL at $3,850 a tonne (f.o.b) and 550 GL at $4,000 a tonne (f.o.b), while V Asta was $4,050 a ...
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EVENTS
Awareness programme
Financial Markets International, INC (FMI) and National Commodity and Derivatives Exchange Ltd (NCDEX) have organised an awareness programme for farmers, traders and investors on the benefits of trading on online trading ...
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TRENDS
UP mills run Rs 1,600-cr arrears on cane purchase
Inventories pile-up, dip in realisations seen as reasons
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