Daily Archives

November 8, 2012

India ready to help Bangladesh in agriculture: Pranab

Thursday Nov 08, 2012 New Delhi, Nov 8 — President Pranab Mukherjee has said that India would be happy to extend assistance to Bangladesh in the field of agriculture. He conveyed this to visiting Bangladesh Agriculture Minister Begum Matia Chowdhury who called on him at Rashtrapati Bhavan Wednesday. Begum Matia Chowdhury is in India to explore cooperation in the field of agriculture. Mukherjee said India and Bangladesh enjoy close and friendly relations. "Multifaceted cooperation…

Conservation + Agriculture = True Food Security

November 7, 2012 By Emile Frison , Cristián Samper and Ken Wilson The Volcanica Central Talamanca Corridor in Costa Rica is one of several biological corridors in Central America created to ensure the movement of critically endangered species across the region. It was difficult to motivate struggling local farmers to support this effort based solely on conservation, but they depend on the land for many uses. Broadening the corridor effort beyond conservation to provide livelihood benefits…

USAID working to strengthen Pakistan’s agri sector

Thursday, November 08, 2012 KARACHI: USAID is working with governmental and other partners to strengthen Pakistan’s agricultural sector, so that the country can meet its domestic food needs and generate export revenues, said Director Economic Growth USAID Alan L. Davis while talking to members of the Karachi Chamber of Commerce and Industry (KCCI) on Wednesday. “USAID’s economic growth program seeks to secure a self-sustaining future for Pakistan by nurturing competitive…

Over $1.6b deficit in trade with Japan

November 08, 2012 LAHORE – Pakistan’s exports to Japan were recorded at $206 million while the imports were registered at $1.86 billion, facing a deficit of over $1.6 billion in last fiscal year’s total trade with Japan. Major exports of Pakistan to Japan consist of cotton yarn, petroleum products, woven cotton fabric, vegetables, electro medical apparatus, leather, leather garments, carpets and sports goods etc. While, the main imports from Japan are cars, vessels & other floating…

15 million cotton bales expected this year

November 08, 2012 LAHORE - All Pakistan Textile Mills Association (APTMA) Chairman Ahsan Bashir has said that Pakistan would witness bumper cotton crop this year, expectedly a total of 15 million bales. He has described it as a phenomenal outcome of the Free Market policy of the government, which has also ensured record cotton prices to the farmers over the last three years. While appreciating the government for keeping intact the free market mechanism in the larger interest of…

Wheat gains 1.3 percent

November 08, 2012: US wheat futures rose 1.3 percent on Tuesday, their second straight day of gains, due to concerns about the poor condition of the just-planted winter crop in the United States and weather trouble in major exporters Australia and Argentina. Soyabean futures also rose, bouncing back from two down days that saw prices fall 3.6 percent. Soyabeans have tumbled more than 1 5 percent from the record they hit in early September, but found support near $15 a bushel. Corn markets…

Fertiliser, pesticide overuse has affected quality of soil: Agriculture minister

Thu Nov 08 2012 Excess usage of fertilisers and pesticides in the state over the past few decades, in a bid to improve crop yield, has led to deterioration in quality of the soil, UP Agriculture Minister Kuwar Anand Singh said here today. Speaking at a conference on sustainable technologies in promoting the agriculture sector, Anand said, “I was in active politics 40 years ago too, and wherever I went, people used to ask just one question: how can we increase the produce? Even we…

Cotton market: prices move cautiously, may come down

November 08, 2012: No major difference in the rate of foreign cotton with improved quality propelled the local buyers to give up purchasing of domestic stuff, this factor may bring down prices in the coming days, dealers said on the cotton market on Wednesday. Official spot rate maintained overnight level at Rs 5,850, they said. In the ready business, over, 22,000 bales of cotton changed hands between Rs 5600-6200, they said. Prices of low variety of seeds cotton in Sindh was higher by Rs…

Sugar sinks 3.3 percent

November 08, 2012: Raw sugar futures on ICE tumbled more than 3 percent on Wednesday, with speculative selling pushing the market to a seven-week low, while robusta coffee futures on Liffe turned higher after dropping to a nine-month low for the second straight day Due to harvest pressure. Cocoa markets fell more than 2 percent below key levels on talk that the world's second-biggest producer, Ghana, was selling. Arabica coffee on ICE inched higher. The Thomson Reuters-Jefferies CRB index…

Some African buyers approach Pakistan: Indonesian demand fails to lift rice prices

November 08, 2012: Fresh Indonesian purchases failed to lift Asian rice prices this week as overall demand remained thin and supply plentiful, traders said on Wednesday. "The recent 300,000 tonne Indonesian order seemed too small to help support Vietnamese prices as offers for Vietnamese grades slipped," said a trader. Indonesia Last week bought 400,000 tonnes of rice, of which 300,000 tonnes was from Vietnam and the rest from India. Vietnamese 5 percent broken rice eased to $450-$455 a…

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