Agri Trade News from around the world today
 AgriExchange Vol: 218 11-04-2011
 
1.
India can easily export 3-4 mn tonne of wheat: Farm body
11April 2011
With government sitting on excess foodgrains stocks worth Rs 43,000 crore, the Commission for Agricultural Costs and Prices (CACP) feels the country can easily export 3-4 million tonne of wheat to take benefit of higher global prices.The government had banned wheat exports in early 2007 and rice shipments in April 2008.
Click here to read further
2.
Asia buyers turn to cheaper US wheat
11April 2011
Asian importers purchased about 100,000 tonnes of wheat from the United States this week, taking advantage lower global prices, while Nepal and Bangladesh bought some corn cargoes from India. “For Asian buyers, the US wheat costs $460 per tonne, cost and freight against $480 per tonne for Australian wheat,” the trader said over phone from Singapore.
Click here to read further
3.
Spain: Russia returns oranges from Valencia due to low quality
11April 2011
A ship with several containers filled with oranges and mandarins from Valencia is in Russia, waiting to unload or go back, after importers,refused it, saying that there were excessive percentages of frozen fruit and other quality deficiencies. The exporters are several companies from Valencia, but it not known which companies are involved.
Click here to read further
4.
India is emerging global power - Mr Seetharaman CEO Doha Bank
11April 2011
A senior Doha Bank official has said that the rapid growth of India and China will overshadow the development of their Asian neighbors in coming years, with the purchasing power of their populations increasing to almost match consumers in the US and EU combined.
Click here to read further
List of Awardees for APEDA Export Award 2009-10
 
1.
NABARD estimates Rs 3,204 cr credit plan for J & K
2.
Maharashtra to give incentives for increasing milk production
3.
China's Soybean Imports Soar 51% on Month, Fall 13% on Year on Low Margins
4.
Argentina promotes meat production with subsidized loans
5.
ASEAN forecasts lower GDP growth
6.
Low levels of radiation found in China's vegetables
Market Watch
Commodity-wise, Market-wise Daily Price on 11-04-2011
Domestic Prices
Unit Price : Rs/Qtl
Product
Market Center
Variety
Min Price
Max Price
Onion
1
Surat(Gujarat)
Other
400
550
2
Azamgarh(U.P.)
Other
640
660
3
Junagarh(Orissa)
Other
800
1000
4
Cachar (Assam)
Onion
1000
1100
Wheat
1
Dehgam(Gujarat)
Other
1080
1685
2
Samana(Punjab)
Superior
1120
1120
3
Bangalore (Karnataka.)
Local
1620
2120
4
Hapur(U.P.)
Other
1100
1150
Apple
1
Sultanpur(U.P.)
Other
5800
6500
2
Bikaner (Rajasthan)
Other
6400
6600
3
Ateli (Haryana)
Apple
8500
8500
4
Bathinda (Punjab)
Other
5000
6000
Grapes
1
Bikaner (Rajasthan)
Other
4900
5100
2
Kotkapura (Punjab)
Black
3500
5000
3
Bilaspur (H.P.)
Other
4000
5500
4
Sultanpur (U.P.)
Other
2450
2600
Source: www.agmarknet.nic.in
Egg
Price on 11-04-2011
Product
Market Center
Price
1
Chennai
228
2
Delhi
197
3
Namakkal
225
4
Lucknow
214
Source: www.e2necc.com
International Prices
Unit Price : US$ / package
 
Price on 11-04-2011
Product
Market Center Origin Variety Low High
Apples       Package: cartons tray pack
1
Chicago
Michigan
Red Delicious
18
20
2
Atlanta
Washington
Red Delicious
29
30
3
Boston
New York
Red Delicious
19
19
Grapes     Package: 18 lb containers bagged
1
Atlanta
Chile
White Seedless Type
19.50
19.50
2
Dallas
Chile
White Seedless Type
24
25
Potato     Package: 50 lb cartons
1
Atlanta
Idaho
Russet
33
35.50
2
Boston
Canada
Russet
18
22
3
Baltimore
Wisconsin
Russet
19
19
Source: USDA
 
Have a suggestion or query? Write to us at agriexchange@apeda.gov.in
Previous Newsletters
click here to unsubscribe