Daily Archives

November 11, 2012

Sugar scam: Head of investigation resigned quietly 15 months ago

By Shahbaz Rana November 11, 2012 ISLAMABAD: The nation will probably never know the names of those who made billions out of the sugar price scam of 2009 as a judicial commission could not complete its investigation in absence of much-needed financial resources. Justice (retd) Sardar Raza Khan, who was the sole member and head of the commission, quietly tendered his resignation almost 15 months ago after he got the ‘cold shoulder’ instead of a helping hand from the government,…

Ohio agriculture officials encourage bee feeding

Nov 11, 2012 COLUMBUS, Ohio (AP) - The summer's drought has Ohio's agriculture department urging beekeepers to make sure their bees are properly fed to survive the winter. The nation's worst drought in decades stretched from Ohio west to California. Ohio officials are blaming the drought for low food storage at some bee colonies. Queen bees slow egg production when there's a lack of nectar to make honey and poor pollen production from dry soil. Honey and pollen are needed to feed…

India to double import duty on Pak sugar

November 11, 2012 LAHORE - SALMAN ABDUHU - India, the world’s largest sugar consumer, is considering to double the import tax on refined variety of sugar to 20 per cent to stop the entry of less expensive Pakistani sugar into India. New Delhi will also abolish a levy on raw sweetener to protect domestic producers as well as encourage value-addition, it was learnt. Industry said that government should monitor sugar production and allow exports when produce is sufficient…

Growers’ problems: KBP to hold protest camp from November 13

November 10, 2012 Kisan Board Pakistan (KBP) has announced to hold a protest camp from November 13 to 15, 2012 in Islamabad to press the government for resolving the problems being faced by the growers. The camp is part of a movement launched by the Board entitled 'save growers-save Pakistan'. Programme in this regard had been finalised and twelve committees were working day and night to meet the growers and convince them for participation in the protest camp. KBP Central President…

Australia’s wheat output seen lower, exports to hit three-year low

November 11, 2012 Analysts and traders cut their estimate for Australia's 2012/13 wheat output to 20.47 million tonnes and said exports might shrink to a three-year low, a Reuters poll shows, as unfriendly crop weather dents yields. Both forecasts fall significantly short of most recent government estimates, with the output projection indicating a drop of more than 30 percent from last year's record harvest. Australia is the world's second largest wheat exporter and worries about its…

Wheat prices in western Europe higher

November 11, 2012 Wheat prices in western Europe were flat to higher on Friday, holding onto strong gains this week linked to export prospects despite key US government supply forecasts that were more bearish than expected. Benchmark futures in Paris rose slightly to stay near contract highs and the highest levels in 4-1/2 years on the continuation chart. January milling wheat was up 1.75 euros or 0.64 percent at 277.25 euros a tonne by 1715 GMT, close to a contract high of…

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