Financial Daily from THE HINDU group of publications
Wednesday, September 25, 2002
Agri Prices (Sept. 24)
Sugar S301285 (1285)
Palm oil342 (341)
Ground oil ready425 (432)
Coconut oil ready4460 (4475)
Pepper garbled ready10200 (10000)

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AGRI-BIZ & COMMODITIES

AQUACULTURE


Export, production ban on 5 seafood units
IN a move that has sent shockwaves amongst the seafood export community, the Export Inspection Agency (EIA) has issued a directive to five major seafood units across the country for immediate stoppage of production and export. Total exports of ... More

Shrimp falls on low buying
THE shrimp market is in doldrums with major importers including the US and Japan yet to commence purchases. Black tiger shrimp prices have dropped by about $1 and are ruling around $12.50 per kg 16/20 counts, according to market ... More

HORTICULTURE/FRUITS & VEGETABLES


Steady rise in banana prices
BANANA prices have shot up by 5 per cent this week compared to last week at the weekly auction in the Tiruchi Mandi. Market sources attribute the price rise to poor arrivals. The Karpooravalli bunch quoted at least 5 per cent higher than the ... More

PLANTATIONS


Plantation wage issue referred to tribunal
THE Tamil Nadu Government has referred the wage settlement issue between plantation owners and workers to the labour tribunal, according to a State Government press release. The Tamil Nadu Plantation Owners Association and the managements ... More

RUBBER


Rubber firms up on poor arrivals
RUBBER prices firmed up suddenly on Tuesday on reports of non-availability of sheet rubber in the market in the absence of adequate arrivals. Arrivals stopped temporarily on reports about some plantations intending to suspend tapping to ... More

WATER MANAGEMENT


Cauvery panel begins survey of reservoirs
AN 11-member joint team of the Centre and three riparian States met here briefly in Tamil Nadu's absence and began a survey of five reservoirs in the two States. The Cauvery River Monitoring Committee, which is on a fact-finding mission for ... More

AP Govt stops water release; to compensate farmers
THE Andhra Pradesh Government has decided to pay compensation to farmers who have raised crops under the Nagarjunasagar command area following the release of water from September 1. It has now been decided to stop the release of water because of ... More

LEATHER


MoU signed for `clean' leather parks in AP
THE Central Leather Research Institute (CLRI) signed a MoU with the Leather Industries Development Corporation of Andhra Pradesh (LIDCAP) to design leather complexes with environmental safeguards. Work has been initiated for designing the first ... More

FOODGRAINS


Kharif output to plunge 18.5 pc
CONFIRMING fears of a widespread drought induced by poor southwest monsoon rains, the Agriculture Ministry today said that the country's kharif foodgrain production this year will be only 90.85 million tonnes (mt), a sharp 18.5 per cent drop over ... More

State levies issue likely to hit paddy procurement
WITH barely a week to go for the start of the new kharif marketing season, the Centre is locked in a bitter dispute with major grain producing States over its decision to impose a 4 per cent cap on various local taxes and levies on foodgrains to ... More

JUTE


Gunny trade unhappy over dilution order
It is now the turn of the jute bag traders to express concern over the Union Government's recent decision to dilute the mandatory packaging orders. In his presidential address at the 77th annual general meeting of the Gunny Trade Association, ... More

Jute demand down on dilution of packaging order: IJMA
THE jute industry might close down during the next few months if the Union Government goes ahead with the dilution of the mandatory packaging order, fear senior members of the Indian Jute Mills Association (IJMA). Addressing a press conference, ... More

POULTRY


NECC wants egg in mid-day meal
HYDERABAD: The National Egg Coordination Committee (NECC) Chairperson, Ms Anuradha J. Desai, has requested the Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, to include egg in the diet of the mid-day meal scheme to be ... More

Broiler crashes to Rs 18/kg
THE low demand and oversupply scenario have put down the broiler price in Tamil Nadu to one of the lowest in recent times. The wholesale price has fallen to as low as Rs 18 per kg, though the Broiler Coordination Committee (BCC) approved price ... More

EVENTS


International meet on wheat
HYDERABAD: An international conference on wheat and wheat products, being organised by the Wheat Products Promotion Society, New Delhi would be held in Hyderabad during October 27-28. The conference to be inaugurated by the Union ... More

NATURAL CALAMITIES


Central team visits areas hit by drought
A TWO-MEMBER Central team today made a visit of some of the drought affected areas in Coimbatore district. The team, consisting of Mr Joginder Singh, Joint Secretary in the Ministry of Agriculture and Mr R.P. Singh, Joint Director, Directorate ... More

TRENDS


Rain hopes receding
WITH a couple of weeks more for the withdrawal phase of the south west monsoon, the rainfall-deficient Andhra Pradesh does not seem to have much hope for rains. Till date 15 districts have received `deficient' rains, while 8 have got `normal' ... More
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