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Wednesday, March 04, 2009
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AGRI-BIZ & COMMODITIES

TOBACCO: Growers, traders spar over tobacco prices
Auctions come to a halt in AP over the standoff. Guntur, Mar. 3 Sale of tobacco in Andhra Pradesh is very sluggish, almost at a standstill, on the auction floors, as there is disagreement between farmers and the trade on prices, with the former ...

RICE: Consumers' shift to organic rice pushes up demand
Rice farmers of Kerala's granary, Kuttanad, find organic paddy cultivation a viable proposition given the strong demand for organic rice from health conscious consumers, while its supply is very much ...

COMMODITIES: Wheat, grains, oilseed prices seen lower
Canberra, March 3 Global prices of wheat, coarse grains and oilseeds are headed for further declines during 2009-10 notwithstanding cutbacks in production, according to the latest commodity sector outlook of the Australian Bureau of ...

CLIMATE & WEATHER: Wheat areas safe from heat wave conditions
Mercury may rise further in Vidharbha, Telangana. Thiruvananthapuram, March 3 Overnight heat wave conditions shifted from coastal Andhra Pradesh to parts of Vidarbha on Tuesday as peninsular, central and west-central India braved the hot sun ...

METALS: Hind Zinc to facilitate Metal Park in Rajasthan
Mumbai, March 3 Hindustan Zinc, a Vedanta Group company, has approached the Rajasthan Government with a proposal to set up a ‘Metal Park’ for ancillary units, downstream metal product manufacturers and silver ...

COMMODITY EXCHANGES: NYSE Euronext V-P on MCX advisory board
Mumbai, March 3 Multi-Commodity Exchange (MCX) has inducted Mr Lawrence Leibowitz, Group Executive Vice-President, NYSE Euronext, into the MCX advisory board, effective March 1. His role will be to engage MCX on various strategic developments ...

SPICES & CONDIMENTS: Pepper futures decline as traders keep away from exchange
Kochi, March 3 Pepper futures market declined on Tuesday after moving up on Monday as most of the operators kept away from the market following reports of turnover manipulation in ...

EVENTS: ‘Bamboo crop to open new opportunities for SHGs’
Puttur (Dakshina Kannada Dist), March 3 The cultivation of bamboo and manufacture of value-added products out of it can open new opportunities to the members of self-help groups (SHGs), according to Dr L.C. Soans of the ...

RUBBER: Rubber stays flat on lack of transactions
Kottayam, March 3 Spot rubber continued to show a steady trend on Tuesday. According to observers, practically there were no transactions in the main marketing centres since most of the traders preferred to stay back waiting for a ...

COCONUT & COPRA: Nafed to procure copra at support price
National Agricultural Cooperative Marketing Federation Ltd (Nafed) is geared up to procure copra from the southern States at the support price announced by the Central Government a few days ...

SUPPLY CHAIN MANAGEMENT: Kalpataru arm launches agri logistics park in Rajasthan
Shree Subham Logistics Ltd, the warehousing arm of Kalpataru Group, recently launched an agri-logistics park at Merta, Rajasthan, to provide integrated solutions to the farming community, according to a press release issued by ...

Columnists: G Chandrashekhar Sharad Joshi




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Markets (March 03)
Nifty (at close)2622.40 (-52.20)
US Dollar (Buy/Sell)52.04/06
Brent crude (a bbl) Rs2,154
Gold (a gram) Rs1,417
Silver (a kg) Rs23,080


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Feb. 22-Feb. 28
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Excess supply turns things sour for grape farmers

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