Agri Trade News from around the world today
 AgriExchange Vol: 208 28-03-2011
 
1.
 Free trade pact with four European nations this year
28March 2011
India and the Europe Free Trade Association (EFTA) are likely to conclude a free trade agreement (FTA) entailing a comprehensive bilateral trade and investment agreement by this year after fast tracking of the negotiations between the two groups.
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2.
 Rs 11.5 crore sanctioned for controlled atmospheric apple storage facility
28March 2011
The prosperous apple belts of the state, Jubbal-Kotkhai and Kotgarh in Shimla district, are set to get a major boost in controlled-atmospheric storage of apples, with the Agricultural & Processed Food Products Export Development Authority (APEDA) sanctioning Rs 11.5 crore for the project.
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3.
 Reduction in MEP of onion will spur exports
28March 2011
A move by the Government to further lower the minimum export price (MEP) for onions to $225 a tonne from $275 is likely to boost exports of the vegetable. This is the fourth time that the MEP has been cut this month from $600 fixed when the ban on onion exports was lifted.
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4.
 Agriculture jumps from -0.5 to 3.8% in 2010-11
28March 2011
In what could be termed as spectacular, in the first half of 2010-11, the farm sector had achieved a growth of 3.8%, rebounding from -0.1% and 0.4% in the preceding two years. The full-year growth in the sector is estimated to be 5.4%.
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List of Awardees for APEDA Export Award 2009-10
 
1.
 Asia Grains-Indonesia steps up corn imports from India
2.
 Mango production may rise only marginally this year
3.
 India to provide food assistance to North Korea
4.
 Imports help feed China's hunger for grain
5.
 India may keep export curbs on normal monsoon
6.
 Kingdom highest consumer of dairy products in region
7.
 Food imports from Japan banned – OMAN
8.
 Singapore Suspends Fruit, Vegetable Imports From Japan’s Kanto
9.
 Two More Pakistan Banks Sign on to ADB's Trade Finance Program
10.
 Bangladesh eyeing more investments from UAE
11.
 Commodities Buzz: Exporters Throng Spices Board Stall In Dubai Exhibition
Market Watch
Commodity-wise, Market-wise Daily Price on 28-03-2011
Domestic Prices
Unit Price : Rs/Qtl
Product
Market Center
Variety
Min Price
Max Price
Onion
1
Surat(Gujarat)
Other
500
500
2
Bangalore(Karnataka)
Small
450
500
3
Bowenpally(A.P.)
1st Sort
450
650
4
Baro Bazar(W.B.)
Other
500
550
Wheat
1
Dehgam(Gujarat)
Other
1090
1370
2
Manawar(M.P.)
147 Best
1220
1225
3
Aligarh(U.P.)
Other
1120
1140
4
Asansol(W.B.)
Kalyan
1325
1330
Apple
1
Metchua(W.B.)
Other
6200
6500
2
Guwahati(Assam)
Other
4500
9500
3
Jaipur(Rajasthan)
Other
5000
7000
4
Muzzafarnagar(U.P.)
Other
4800
5500
Grapes
1
Meham(Haryana)
Green
4500
4500
2
Malur(Karnataka)
Black
700
900
3
Firozepur City (Punjab)
Other
4000
4500
4
Muzzafarnagar(U.P.)
Other
2500
3000
Source: www.agmarknet.nic.in
Egg
Price on 28-03-2011
Product
Market Center
Price
1
Chennai
223
2
Delhi
201
3
Namakkal
210
4
Lucknow
214
Source: www.e2necc.com
International Prices
Unit Price : US$ / package
 
Price on 2-03-2011
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
23
23
2
Dallas
Chile
White Seedless Type
22
23.50
Potato     Package: 50 lb cartons
1
Atlanta
Idaho
Russet
33
35.50
2
Boston
Canada
Russet
18
20
3
Baltimore
Wisconsin
Russet
24
24
Source: USDA
 
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