Agriculture
Global grains output likely to decline
THE aggregate production of global wheat and coarse grains in 2000-01 has been forecast to decline by 17 million tonnes (m.t) to 1,452 m.t. The consumption is expected increase by 9 m.t to reach 1,484 m.t, leading to a 33 m.t drawdown of global stocks, a ccording to the latest report of the London-based International Grains Council (IGC). World trade is likely to be 209 m.t, 3 m.t lower.

KRBL to launch basmati in domestic market
THE erstwhile 111-year-old Khushi Ram Behari Lal company -- now KRBL Ltd -- has, after years of focussing on exports, decided to enter the domestic market.

Information Technology
Web site launched for cashew trade
NUT Trade LLC of California has launched a new Web site CashewMarket.com targetting the international cashew community to provide industry news and analysis, production area weather reports and market features.

Tea
Tea prices up on demand at Kochi sale
A GOOD general demand resulted in the spurting of prices of almost all varieties of tea at the Kochi tea auction.

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