Agri Trade News from around the world today Vol: 175
09-02-2011
    Agri Exchange
Hot News
1.
Pulses import to come down by half this year: Khullar
09Feb 2011
The Government today projected a 50 per cent drop this year in pulses import over last year due to prospects of a bumper production in 2010-11.“Pulses are expected to be a bumper crop at 16.6 million tonnes this year in which case imports will be half of what they were last year,” Commerce Secretary Rahul Khullar told reporters here.
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2.
Export transaction cost to be cut in INDIA
09Feb 2011
The government on Tuesday announced steps to lower the transaction cost for Indian exports in a bid to make them more competitive in the global market.Though a panel headed by junior commerce minister Jyotiraditya Scindia estimated that Indian exporters were burdened with additional costs of around $15 billion (around Rs 67,000 crore) due to bureaucratic and infrastructure hurdles.
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3.
EU bid to ban endosulfan may drive up food prices
09Feb 2011
Food prices would shoot up further, if Europe has its way on its proposal at a global green forum to ban a cheaper generic pesticide — endosulfan — across the world.a cheaper generic pesticide — endosulfan — across the world. “A ban on endosulfan would drive up the cost of agriculture and jeopardise the country’s food security at a time of rising demand,” said Dr Chengal Reddy.
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4.
Global halal market value of $1.2 trillion drives unprecedented interest in Gul food 2011
09Feb 2011
With halal food currently accounting for approximately one-fifth of world food trade according to Euromonitor International, the world's leading provider of global business intelligence and strategic market analysis, food and beverage companies across the globe are recognising the considerable opportunities presented by an industry segment growing at $500bn annually and valued at $1.2 trillion in 2010.
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1.
India's food production high despite drought and floods: K.V. Thomas
2.
Bangladesh says India to sell it 0.3m tonnes rice
3.
Govt estimates a record 81.47 MT wheat production in 2010-11
4.
Poor infrastructure a challenge for MSMEs in food, agri sector
5.
Regulate commodities trade to curb food price volatility: FAO
6.
High prices, bean shortage to hit cocoa imports
7.
Fortified super crop to fight hunger
8.
Demand for Australian Wheat Strong as Price Near Two-Year High
9.
Pakistan's Rice exports cross $1bn in 7-mth FY11
Market Watch
Commodity-wise, Market-wise Daily Price on 09-02-2011
Domestic Prices
Unit Price : Rs/Qtl
Product
Market Center
Variety
Min Price
Max Price
Rice
1
Allagadda(A.P..)
Boiled Rice
2500
2700
2
Jamtara(Jharkhand)
Coarse
1100
1300
3
Bantwala(Karnataka)
IR-8
1720
2080
4
Attabira(Orissa)
Other
2000
3500
Onion
1
Surat(Gujarat)
Gujarat
900
1200
2
Pundri(Haryana)
Other
2500
3500
3
Banaur(Punjab)
Other
1700
2000
4
BargarhOrissa)
Onion
900
1000
Wheat
1
Rajula(Gujarat)
Lokwan
1485
1485
2
Padampur(Orissa)
Other
1700
1800
3
Bhucho(West Bengal)
Other
1100
1150
4
Abu Road(Rajasthan)
1482
1325
1375
Potato
1
Surat(Gujarat)
Other
400
600
2
Bilaspur(H.P.)
Other
200
300
3
Jamtara(Jharkhand)
Other
275
325
4
Malur(Karnataka)
Potato
1000
1350
Source: www.agmarknet.nic.in
Egg
Price on 08-02-2011
Product
Market Center
Price
1
Chennai
248
2
Delhi
220
3
Namakkal
235
4
Luknow
238
Source: www.e2necc.com
International Prices
Unit Price : US$ / package
Product
Market Center
Variety
Low
High
Onion Dry     Package: 50 lb sacks
1
Michigan
Yellow
19
19
2
California
Yellow
26
26
3
Utah
Yellow
17
17
4
Idaho-Oregon
Yellow
18
19
Potato     Package: 50 lb cartons
1
Idaho
Russet
29
29
2
Colorado
Russet
15
16.50
3
Wisconsin
Russet
15
15
4
California
Russet
22.25
22.25
Source: USDA
 
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