Agri Trade News from around the world   
Fri, Mar 01, 2013 Vol: 685
 
1.   
01 Mar 2013
India must make tough spending choices, finance minister P Chidambaram said on Thursday, even as he unveiled a bigger-than-expected outlay for the coming fiscal year in one of the most highly anticipated Indian budgets of recent years.
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2.   
01 Mar 2013
Finance minister P Chidambaram today announced a sharp increase of Rs 1.25 lakh crore in agriculture credit target to Rs 7 lakh crore for next fiscal and allocated additional Rs 10,000 crore in subsidy for implementing the Food Security Bill. He also allocated 22 per cent more funds to agriculture ministry at Rs 27,049 crore for the 2013-14 fiscal, of which Rs 3,415 crore has been earmarked for farm research.
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3.   
01 Mar 2013
India has improved its position in agricultural and food exports to 10th globally, helped by policy impetus, the Economic Survey said today. "In recent years, the policy impetus by the government has provided much required stability to agri exports," said the Survey for 2012-13. However, the document, tabled in Parliament, did not state the earlier ranking.
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4.   
01 Mar 2013
India and Iran must work together to further promote trade and economic links, increased people- to-people contacts between them and within the region, President Pranab Mukherjee has said. Welcoming an Iranian Parliamentary delegation led by Dr Ali Larijani, Speaker of the Islamic Consultative Assembly (Majlis), at Rashtrapati Bhavan, the President said, "Throughout history, both countries have seen an inter- mingling of people and cultures."
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1.   Budget 2013: MSMEs non-tax benefits to continue for 3 yrs even after mature
2.   Union Budget 2013-14 is pro-growth, says US India Biz council
3.   Tanzania, Indian trade tops $1.7bn in 2011
4 Budget 2013: Exports of de-oiled rice bran cake to increase due to abolition of duty
5.   Farmers get credit guarantee backing
6.   Tapping the East to spread green revolution
7.   Rice production gets leg up in Assam
8.   India's STC tenders to export 70,000 T wheat-company
 
 
 
 
APEDA News
Today's Leads
Market Watch
Commodity-wise, Market-wise Daily Price on 28-02-2013
Domestic Prices
Unit Price : Rs/Qtl
Product
Market Center
Variety
Min Price
Max Price
Maize
1
Sitapur (Chattisgarh)
Other
1200
1200
2
Bhiloda (Gujarat)
Other
1400
1450
3
Godda (Jharkhand)
Other
1300
1500
Rice
1
Addanki (Andhra Pradesh)
B P T
3950
4000
2
Bohorihat (Assam)
Coarse
1900
2100
3
Chakulia (Jharkhand)
Fine
1950
2050
Apple
1
Fatehabad (Haryana)
Other
8000
10000
2
Bilaspur (Himachal Pradesh)
Other
6000
7000
3
Alleppey (Kerala)
Other
10000
11000
Onion
1
Bohorihat (Assam)
Other
2400
2500
2
Borsad (Gujarat)
Other
1000
1350
3
Barwala (Haryana)
Other
1500
1500
Source: agmarknet for more products
Egg
Rs per 100 No.
Price on 28-02-2013
Product
Market Center
Price
1
Delhi
365
2
Hyderabad
350
3
Mumbai
382
Source:www.e2necc.com
International Benchmark Price
Price as on: 28-02-2013
Product
Benchmark Indicators Name
Price
Apricots
1
Turkish No. 2 whole pitted, CIF UK (USD/t)
4500
2
Turkish, EXW UK (USD/t)
1650
3
Turkish No. 4 whole pitted, CIF UK (USD/t)
2700
Raisins
1
Australian Lexia raisins, CIF UK (GBP/t)
3625
2
Californian Thompson seedless raisins, CIF UK (GBP/t)
1719
3
South African Thompson seedless raisins, CIF UK (GBP/t)
1760.04
Garlic
1
Chinese first grade granules, CFR NW Europe (USD/t)
2800
2
Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t)
4000
3
Chinese powdered, CFR NW Europe (USD/t)
2300
Source: agra-net for more products
Other International Prices
Unit Price : US$ / package
Price on 28-02-2013
Product
Market Center Origin Variety Low High
Potatoes Package: 50 lb cartons
1
Atlanta
Idaho
Russet
12.50
13
2
Boston
Idaho
Russet
12
15
3
Chicago
Idaho
Russet
9
10
Apples Package: cartons tray pack
1
Atlanta
Washington
Fuji
34
34
2
Boston
Washington
Fuji
36
36
3
Chicago
Washington
Fuji
30
31
Cabbage Package: 50 lb cartons
1
Atlanta
Florida
Red Type
15
17.50
2
Chicago
Georgia
Red Type
18
18
3
Columbia
Florida
Red Type
14
19.50
Source:USDA
 
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