India reaps reward of bumper wheat crops as world exports shrink

Published : 12:11 am  January 16, 2013  |  Category: Agriculture  |  Leave a Comment  |  734 views  |  

Indian supplies come as relief for wheat importers May sell record six million tons as stocks four times the target Africa, Middle East top destinations for Indian wheat Stocks to mount as Food Corp may need to buy 40 million tons NEW DELHI/SINGAPORE (Reuters): India is poised to triple wheat exports this year to a higher-than-expected, record six million tons, helping plug a shortfall in lower-quality grain supplies and keep a lid on global prices.  Read More →


India tea prices drop on poor quality arrivals

Published : 12:10 am  January 16, 2013  |  Category: Agriculture  |  Leave a Comment  |  584 views  |  

MUMBAI (Reuters): Prices of tea in India, the world’s second-biggest producer, fell at last week’s auction as poor quality supplies prompted buyers to reduce prices though winter demand is expected to support. The CTC (crush-tear-curl) grade was offered at 141.73 rupees per kg, down 1.86 per cent, while the dust variety fell 1.41 per cent to 142.93 rupees per kg.  Read More →


Indonesia rubber output seen up 7% in 2013

Published : 12:10 am  January 16, 2013  |  Category: Agriculture  |  Leave a Comment  |  958 views  |  

JAKARTA (Reuters): Indonesia’s 2013 rubber output will rise 7% on the year to 3.2 million tons due to higher yields, the rubber industry body in the world’s second-largest producer said on Friday, with exports seen little-changed at 2.7 million tons. Rubber production in Indonesia last year was three million tons and exports were 2.8 million tons, Rusdan Dalimunthe, executive director at the Indonesian Rubber Association (Gapkindo) told Reuters.  Read More →


MTI announces Tea Strategy Forum

Published : 12:10 am  January 16, 2013  |  Category: Agriculture  |  Leave a Comment  |  1,341 views  |  

In keeping with MTI’s thought leadership efforts to focus on industries critical to the Sri  Lankan economy, MTI announced the Tea Strategy forum which is to be held on Wednesday 23 January 2013 , at the Hilton Residencies Colombo.  Read More →


India may lose top slot as rice exporter in 2013

Published : 12:01 am  January 7, 2013  |  Category: Agriculture  |  Leave a Comment  |  1,164 views  |  
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NEW DELHI :  India may lose global leadership in the rice market in 2013 as shipments are likely to slide by 30 per cent to 7 million tonnes due to weak prices and surplus grain in Thailand, according to government advisory body CACP. India had emerged as the world’s largest rice exporter in 2012 beating its Asian counterpart Thailand with shipment of around 10 million tonnes. The country was at the third slot in 2011, it said.  Read More →


India’s tea exports fall in first 9 months of 2012

Published : 12:00 am  January 7, 2013  |  Category: Agriculture  |  Leave a Comment  |  662 views  |  

KOLKATA: Exports of Indian tea across the world has taken a dip during January to September 2012 as compared to the similar period of 2011, according to Tea Board statistics.  Read More →


Palm oil may test support, rise

Published : 12:00 am  January 7, 2013  |  Category: Agriculture  |  Leave a Comment  |  368 views  |  

Malaysian palm oil futures on the Bursa Malaysia Derivatives exchange ended higher on Friday as the US averted a fiscal crisis and traders look forward to better demand for the edible oil on a lower export tax structure.  Read More →


Synthetic rubber consumption rises 6% in H1 in India

Published : 12:00 am  January 7, 2013  |  Category: Agriculture  |  Leave a Comment  |  311 views  |  

NEW DELHI: India’s synthetic rubber consumption rose by 6 per cent to 2.26 lakh tonnes in the first half of this fiscal, while, production rose marginally to 54,778 tonnes during the period, Rubber Board said. The country consumed 2.13 lakh tonnes of synthetic rubber in April—September of 2011—12 fiscal, while the output stood at 54,750 tonnes during the period.  Read More →


Global coffee exports jump in Nov, Robusta rises says ICO

Published : 12:00 am  January 7, 2013  |  Category: Agriculture  |  Leave a Comment  |  450 views  |  

 Global robusta exports near 46 m bags over 12 months Arabica exports rise in Nov 2012, lag 12-month period Ethiopia’s coffee exports double in Nov 2012 month/month (Reuters): Global coffee exports jumped nearly 17% in November from the same month in 2011, while robusta exports surged by 23.5% over a one-year period, the International Coffee Organization (ICO) said on Friday.  Read More →


Tamil Nadu to set up tea testing, storage centres for small growers

Published : 12:00 am  January 7, 2013  |  Category: Agriculture  |  Leave a Comment  |  376 views  |  

EDAKKAD (TN): To give an impetus to the tea industry in the State, Tamil Nadu Government would set up a Rs 15-crore tea cluster Common Facilitation Centre near Mettupalayam in Coimbatore district, Chief Minister Jayalalithaa said here on Friday.  Read More →


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