MTI Tea Strategy Forum today

Published : 2:23 am  January 23, 2013  |  Category: Agriculture  |  Leave a Comment  |  850 views  |  

Over 150 tea industry professionals and business leaders are expected at the MTI Tea Strategy Forum today, commencing 5.30 p.m. at the Hilton Residencies.  Read More →


All time Colombo Tea Auction record price  

Published : 2:20 am  January 23, 2013  |  Category: Agriculture  |  Leave a Comment  |  535 views  |  

An invoice of Rothschild PF1 achieved a price of Rs. 510/- per kg at this week’s Ex Estate sale which equals the All Time Record price for a Medium elevation PF1 achieved just last week by Carolina Estate. The Rothschild tea was purchased by Vintage Teas (Pvt) Ltd for one of their superior buying standards and was sold through the catalogue of Lanka Commodity Brokers Ltd.  Read More →


Price of top grade Kenyan tea edges down at auction

Published : 2:19 am  January 23, 2013  |  Category: Agriculture  |  Leave a Comment  |  754 views  |  

NAIROBI (Reuters): The average price of Kenya’s top tea grade inched down to $4.11 per kg at this week’s auction from $4.31 per kg at the previous sale, brokers said on Tuesday.  Read More →


Fonterra opens Sri Lanka’s first solar powered milk chilling centre in Hanwella

Published : 12:01 am  January 22, 2013  |  Category: Agriculture  |  Leave a Comment  |  1,694 views  |  
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Fonterra yesterday officially opened Sri Lanka’s first solar powered milk chilling centre in Hanwella, demonstrating the company’s commitment to sustainable milk collection.  Read More →


China 2012 corn, rice imports at record high

Published : 12:00 am  January 22, 2013  |  Category: Agriculture  |  Leave a Comment  |  1,151 views  |  

BEIJING (Reuters): China, the world’s top consumer of grains, imported a record high amount of corn and rice in 2012, while its wheat imports surged to a eight-year high, driven by strong domestic demand and cheap international prices during the first half of the year.  Read More →


India tea prices drop as supplies of poor grade rise

Published : 12:00 am  January 22, 2013  |  Category: Agriculture  |  Leave a Comment  |  358 views  |  

MUMBAI (Reuters): Tea prices in India, the world's second-biggest producer, dropped at last week's auction as supplies of premier quality leaf fell, though winter season demand limited the downside.  Read More →


Lower fruit prices possible with new ripening process

Published : 12:00 am  January 22, 2013  |  Category: Agriculture  |  Leave a Comment  |  512 views  |  

Reuters: Scientists in Australia have developed a way to ripen fruit while itis being transported to market. They say the technique could revolutionise the fresh fruit industry and bring down the cost of healthy produce for consumers.  Read More →


New paddy storage complex for Marandagahamula

Published : 12:01 am  January 21, 2013  |  Category: Agriculture  |  Leave a Comment  |  856 views  |  
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Economic Development Minister Basil Rajapaksa will initiate the construction of a fully-equipped paddy storage complex and a trading complex with all facilities at Marandagahamula, Divulapitiya on 21 January. It is being done to develop the Marandagahamula rice market – one of Sri Lanka’s leading wholesale rice markets – in accordance with the Mahinda Chinthana Vision, to stress on the importance of the Divi Neguma program.  Read More →


MTI Tea Strategy Forum to feature industry experts

Published : 12:00 am  January 21, 2013  |  Category: Agriculture  |  Leave a Comment  |  1,526 views  |  

The MTI Tea Forum that will be held on Wednesday, 23 January 2013 will feature several industry experts representing the entire tea value chain. Malin Goonetileke – Secretary General of The Planters Association will focus on the challenges encountered by the plantation sector, which comprises the 23 RPCs and over 300,000 tea smallholders.  Read More →


Fonterra ups local milk collection by 22% to 8.2 m litres

Published : 12:00 am  January 21, 2013  |  Category: Agriculture  |  Leave a Comment  |  1,057 views  |  

Fonterra yesterday announced a 22% increase in local milk collection in 2012, versus the previous year. The increase saw Fonterra collect 8.2 million litres of locally produced milk from a network of around 4,000 Sri Lankan dairy farmers across five districts – a new collection record for the company.  Read More →


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