http://www.commodityonline.com/ India's largest commodity news portal en-us July 24, 2008, 7:00 pm Copyright: (C) 2007 Commodity Online India Limited. All Rights Reserved. http://www.commodityonline.com/images/commodity%20logo.jpg http://www.commodityonline.com/ 280 51 Visit CommodityOnline.com India s inflation rate based on the wholesale price index for the week ended July 12 has fallen to 11.89 percent from 11.91 percent the previous week. Finance Minister had clarified that inflation rally in recent weeks was due to external factors. 2008-07-24 http://www.commodityonline.com/commodities/cereal/Inflation-falls-marginally-to-11.89-10655-3.html Vietnam s government said it planned to impose export duties on rice of up to $176 per tonne which would push its rice export prices up to a range of $800 to $1 300 depending on the grade. 2008-07-24 http://www.commodityonline.com/commodities/cereal/Global-rice-prices-surge-on-Vietnams-export-duty-10645-3.html Contrary to exporters hope for 5 10 percent rise in basmati rice production experts declined the potential for growth as farmers are likely to concentrate with non premium crops. 2008-07-24 http://www.commodityonline.com/commodities/cereal/Basmati-rice-output-rise-unlikely:-Expert-10651-3.html The panel has recommended giving fertiliser subsidy directly to farmers instead of producers. 2008-07-24 http://www.commodityonline.com/commodities/cereal/House-panel-moots-ban-on-agri-Futures-10638-3.html Wheat procurement by the private parties has shrunken thanks to the government s procurement rule for achieving procurement target. 2008-07-23 http://www.commodityonline.com/commodities/cereal/Private-procurement-of-wheat-shrinks-this-year-10629-3.html Farmers are faced with fertiliser shortages and rising prices over which they have no control. According to Rabobank analyst Erink FitzPatrick fertiliser costs are rising due to increase in input costs for the industry and rising crude oil prices. 2008-07-23 http://www.commodityonline.com/commodities/cereal/Why-fertiliser-prices-are-rising-10618-3.html Retail prices of farm commodities monitored by the Department of Consumer Affairs at different locations have generally remained steady or shown mixed trend over the week ending July 18 2008 said an official release. 2008-07-23 http://www.commodityonline.com/commodities/cereal/Agri-commodities-retail-prices-show-mixed-trend-10620-3.html A few days after Finance Minister P Chidambaram ruled out any further ban on commodity futures a Parliamentary Standing Committee on Agriculture has suggested that futures trading may be banned in agri commodities to curb speculation. 2008-07-23 http://www.commodityonline.com/commodities/cereal/Parliamentary-Committee-for-agri-futures-ban-10616-3.html Diouf said corn and wheat outputs were being particularly hard hit. Traditional farming systems may be radically upended by the large and growing energy market. 2008-07-22 http://www.commodityonline.com/commodities/cereal/Biofuel-toll:-100m-tonne-cereals:-Is-Bush-listening-10594-3.html Good rain over the last week across most of the Australian cropping areas has eased concern over maintaining the expected large Australian production forecast. 2008-07-22 http://www.commodityonline.com/commodities/cereal/Rains-bring-cheer-to-OZ-farmers-10595-3.html Planting of India s summer crops such as rice corn oilseeds cotton and sugar cane is now underway and good monsoon rains are critical because 60% of the country s farmlands are rain fed. 2008-07-22 http://www.commodityonline.com/commodities/cereal/Poor-rainfall-may-hit-Indian-agri-output-10591-3.html Union Commerce Secretary G K Pillai has pointed out the if US can go outside the range (as in the agriculture and Non Agricultural Market Access text circulated in the WTO) for cutting farm and industrial tariffs then any country can do the same. 2008-07-21 http://www.commodityonline.com/commodities/cereal/Agri-tariffs-can-be-negotiated-outside-the-draft-text-10577-3.html