The Hindu Business Line : Wednesday, July 11, 2007

Wind shear may limit strength of new ‘low’
Thiruvananthapuram, July 10 The India Meteorological Department has officially notified the prospects of a new low-pressure area taking shape over the North Bay of Bengal by Saturday, which will help scale up rainfall in Orissa and Gangetic ... More

INSIGHT
Sowing success on farm
How did agriculture in India, once the most advanced in the world, degenerate to its present state, asks, pointing out that if left to grow without interference, the sector will flourish. More

COMMODITIES
11th Plan: More funds sought for commodity boards
More allocation on account of sustaining higher export receipts More

RUBBER
Spot rubber prices recover
Kottayam, July 10 Domestic rubber seemed to have regained its strength from the news on declining stock piles and a sharp fall in arrivals. According to sources, monsoon rains almost put a halt to tapping. Moreover the contagious fever has ... More

TEA
Organic tea project may take off this year
Board to get $900,000 as loan, another $600,000 as grant More

Coonoor tea prices drop to new lows
Prices dropped to new lows at the auctions of the Coonoor Tea Trade Association (CTTA) held here as the demand was inadequate to absorb the huge volume at high bids. Only 40 per cent of the 12.6 lakh kg offered could be sold and in most cases, ... More

AGRICULTURAL INSTITUTIONS
Nabard draws up development plan for ‘distress areas’ in AP
Hyderabad, July 10 With its interventions in development of watersheds yielding good results, Nabard (National Bank for Agriculture and Rural Development) has chalked out plans to cover 2.4 lakh hectares in the 16 ‘distress ... More

SPICES & CONDIMENTS
Rains hit soyabean sowing in Maharashtra
Mumbai, July 10 Heavy rains in parts of Vidharbha, Maharashtra have washed away soyabean seeds sown in many areas.Though sowing activities are at an early stage, traders expect kharif arrivals of soya to be delayed and thus push up ... More

Bears continue to be active in pepper
Downward trend continued in the pepper futures on Tuesday over bearish activities by some cartels.The reasons attributed for pushing down the market is the reported decline in Vietnam farm grade pepper 500 GL to $3,400 a tonne from ... More

COMMODITY MARKETS
Groundnut oil recovers on demand
Mumbai, July 10 Groundnut oil recovered moderately in a mixed oil and oilseeds market on Tuesday on renewed demand from retailers. Groundnut oil recovered by Rs 5 to Rs 755, while refined palmolein eased by Rs 2 to Rs 456. Castorseed ... More

EXPORTS & IMPORTS
Centre to pay $326 a tonne for 5.11 lt of imported wheat
Delivery at Mundra port between Aug and Nov More

STANDARDS & BENCHMARKS
Plant quarantine norms worry Canadian pulse suppliers
Pulse Canada draws out plan to smoothen import process More

OUTLOOK
‘Ever-green revolution on farm front feasible’
Significant increase in public investment seen in agriculture More

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