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1. Event: Rising rupee bruising India's commodity exports
But it has also risen as investors sold dollars for the local unit to tide over a squeeze in the money market intended to trim price pressures in the economy. NEW DELHI (Reuters) - Indian exporters of major farm commodities, including rice, soymeal, sugar and cotton, are being hit by a rising rupee, and traders urged the government to intervene to protect their margins. A spokesman for India's trade minister said last week he had written to the prime minister seeking measures to limit the...
SourceReuters India,India


2. Event: India may surpass US in cotton exports to China
Kishorilal Jhunjhunwala, president of the East India Cotton Association, said that India s exports to China in the seven months from October 2006 stood at 2.5 million bales (one bale equals 170 kg), slightly lower than 2.6 million bales sold by the US to Beijing. NEW DELHI: India may overtake the US as the largest cotton exporter to China, the world s top consumer, this year but a recent surge in rupee s value against the dollar could halt its march in becoming the market leader....
SourceEconomic Times,India


3. Event: DTN , a leading business-to-business provider of real-time market, news and weather information services, today ...
DTN will provide QuickFarm's customers with advanced DTN agribusiness marketing tools, as well as real-time commodity and futures information, in-depth market analysis and real-time, localized weather information. Minneapolis, Minnesota May 17, 2007 Acquisition offers customers access to marketing tools as well as real-time futures and commodity information, market analysis and weather information. The products are designed to help agribusinesses enhance communications with customers and...
Source


4. Event: Spelling stability and growth
Having looked into how 'price discovery' happens how price risks can be managed with the help of commodity futures trading, let us see how the system benefits the economy, and society at large. They expand the farmers' choice of raising crops and marketing; which crop to grow, when to market. Since these price signals often reflect the combined expectation and mood of market participants, policymakers can initiate appropriate responses to emerging market conditions. An industrial consumer...
SourceHindu Business Line,India


5. Event: 2007 Miss. cotton off to good start, fewer acres expected
By the middle of May, more than 70 percent of the state's cotton was planted and 35 percent had emerged, the report said. Cotton prices have been hurt by the huge supply carry-over from last year. Growers are switching to corn and soybeans because of good prices this year. The report said timely rains were helping to make it a good start. Mississippi's cotton fields are off to one of their best starts in recent years, but the 2007 crop is expected to have a 40 percent drop in acres, a...
Source5/18/2007


6. Event: State hosts Chinese to boost cotton exports
State hosts Chinese to boost cotton exports May14, 2007 JACKSON On May 14, Mississippi's largest marketer of cotton, Greenwood-based Staplcotn, met with representatives of the world's largest nation and one of the state's most important export markets, China, at the Woolfolk Building. State hosts Chinese to boost cotton exports May14, 2007 JACKSON On May 14, Mississippi's largest marketer of cotton, Greenwood-based Staplcotn, met with representatives of the world's largest nation and one...
Source


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