Agri Trade News from around the world today Vol: 176
10-02-2011
    Agri Exchange
Hot News
1.
Three varieties of Non-basmati rice exports allowed
10Feb 2011
With expectation of record rice production this year and surplus stocks with Food Corporation of India(FCI), the government on Wednesday allowed exports of three varieties of non-basmati rice mostly grown in southern states. However, exports up to 1.5 lakh tonne of these rice varieties would be allowed.
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2.
US concerned over Indian trade barriers
10Feb 2011
US commerce secretary Gary Locke expressed concern on Monday over India's restrictive trade policy, saying it impeded investment despite growing economic and security ties between the two nations. Despite its growing global weight, India is still only the 14th biggest trading partner for the United States, and obstacles from outsourcing controversies to the Doha world trade round and market access have put the brakes on faster integration.
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3.
Pawar favours export of sugar, onion and rice news
10Feb 2011
Agriculture minister Sharad Pawar today hinted at reopening the export market for select commodities such as non-basmati rice, sugar and onion in order to protect the interests of the farming community. Pawar favoured a more liberal approach to food exports especially in the context of bumper production estimates this year.
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4.
Bangladesh to buy 200,000 tonnes Thai rice
10Feb 2011
Bangladesh will buy 200,000 tonnes of parboiled rice from Thailand, the world’s top rice exporter, as it seeks to ensure supplies of the staple in the face of record food prices, a Bangladesh food ministry official said.
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1.
India to harvest record wheat, pulses and cotton crop
2.
Limited export of rice, sugar and onion to help farmers
3.
Cabbages are the most profitable in 2010/11 in Ukraine and Russia
4.
China drought to drive up global wheat price
5.
Hungary Poultry Products Council proposes state intervention purchases of maize
6.
Floriculture becomes popular in Tripura
7.
Tetra Pak to set up packaging plant at Chakan
Market Watch
Commodity-wise, Market-wise Daily Price on10-02-2011
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
2075
4
Attabira(Orissa)
Other
2000
3500
Onion
1
Rajkot(Gujarat)
Gujarat
175
860
2
Bankura Sadar(W.B.)
Other
1500
1800
3
Sultanpur(U.P.)
Other
1300
1500
4
BargarhOrissa)
Onion
900
1000
Wheat
1
Rajkot(Gujarat)
Local
1225
1535
2
Padampur(Orissa)
Other
1700
1800
3
Kaliaganj(West Bengal)
Other
1340
1400
4
Sri Karanpur(Rajasthan)
Other
1180
1180
Potato
1
Rajkot(Gujarat)
Potato
500
575
2
Palampur(H.P.)
Potato
400
500
3
Jamtara(Jharkhand)
Other
275
325
4
Malur(Karnataka)
Potato
800
1200
Source: www.agmarknet.nic.in
Egg
Product
Market Center
Price
1
Chennai
248
2
Delhi
205
3
Namakkal
235
4
Luknow
214
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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