LIVE MARKET TRACKER :   BSE SENSEX   31524.68      |    NSE NIFTY 9837.40    
GLOBAL MARKETS :  NASDAQ 6216.5269   -0.0866%    |    FSI London 7323.98   -0.86%    |    NIKKEI Japan 19470.41   -1.18%
  USD GBP EUR CAD AUD INR
USD - 0.7768 0.8503 1.2582 1.2608 64.1600
GBP 1.2876 - 1.0950 1.6199 1.6237 82.5945
EUR 1.1766 0.9137 - 1.4794 1.4823 75.4197
CAD 0.7956 0.6179 0.6762 - 1.0026 51.0500
AUD 0.7930 0.6171 0.6744 0.9989 - 50.9100
INR 0.0156 0.0121 0.0133 0.0196 0.0197 -
Indian-Commodity  :  Commodities  :  Coffee  :  Coffee Production To Remain Steady At 3 Lakh Tonnes In The 2011-12 Season

Coffee Production To Remain Steady At 3 Lakh Tonnes In The 2011-12 Season (29-Jun-2011)

According to the Coffee Board's post-monsoon forecast, India's coffee production is likely to remain steady at 3 lakh tonnes in the 2011-12 season starting October this year. The country is estimated to have produced 2.99 lakh tonnes in the current 2010-11 season (October-September).

In the post-blossom estimate, the board had pegged the output at 3.08 lakh tonnes for the current year. The board will shortly release the post-blossom estimate for the 2011-12 season.

Of the total production, ratio of robusta and arabica is 60-40 per cent. Production of robusta is likely to fall to about 1.8 lakh tonnes in the next season from this year's 2.04 lakh tonnes due to untimely and inadequate rains during March-April and also because of 2011-12 being an off-season. While, Arabica output is likely to increase to 1.2 lakh tonnes in 2011-12 season against 95,000 tonnes this year as next year would be the peak season for the premium bean.

The growers association, too, has estimated robusta crop at around 1.8 lakh tonnes, but differs on the forecast of arabica. Coffee planters are slowly moving away from cultivating the arabica variety of coffee on the back of reducing productivity due to pest and disease attacks. The robusta variety has replaced arabica due to its lower susceptibility to diseases and higher productivity.

As per data available with the Coffee Board, the area under arabica variety has fallen to 48 per cent of the total planted area in 2010-11 from around 73 per cent in 1950-51. Similarly, the area under robusta has increased from 27 per cent of the total cultivated area in 1950-51 to 52 per cent in 2010-11, indicating constant migration from arabica to robusta. Arabica was cultivated in 1.93 lakh hectares, while area under robusta plantations stood at 2.06 lakh hectares in 2010-11, as per the Coffee Board data.

Top News Today
TCS features as 'Leader and Star Performer' in Everest Group report
(19-Aug-2017)

TCS features as Tata Consultancy Services (TCS) has been recognized as a Leader and Star Performer for Life Sciences Clinical and R&D IT Services by leading advisory and research firm, Everest Group, in its report,......click on news to read complete article.

DEN Networks gets NCLT's nod for scheme of arrangement
(19-Aug-2017)

DEN Networks gets NCLTDEN Networks has received honourable National Company Law Tribunal's (NCLT) approval for Scheme of Arrangement for merger of 23 subsidiaries and demerger of one of the subsidiary with a Wholly Owned Subsidiary......click on news to read complete article.

Monte Carlo Fashions planning to launch fitness, fashion wear range
(19-Aug-2017)

Monte Carlo Fashions planning to launch fitness, fashion wear rangeMonte Carlo Fashions is planning to launch Fitness and Fashion wear range in the name of 'ROCK IT'. The basic idea behind it is to introduce garments having an ideal combination of fitness and fashion.......click on news to read complete article.

International Stock News
US markets closed lower on Friday
(19-Aug-2017)

US markets closed lower on FridayThe US markets closed lower on Friday, to register another unsightly week of losses as low volumes and skittish investors left Wall Street especially vulnerable to pullbacks. Stocks shifted between gains......click on news to read complete article.

US markets closed lower on Friday
(19-Aug-2017)

US markets closed lower on FridayThe US markets closed lower on Friday, to register another unsightly week of losses as low volumes and skittish investors left Wall Street especially vulnerable to pullbacks. Stocks shifted between gains......click on news to read complete article.

US markets closed lower on Friday
(19-Aug-2017)

US markets closed lower on FridayThe US markets closed lower on Friday, to register another unsightly week of losses as low volumes and skittish investors left Wall Street especially vulnerable to pullbacks. Stocks shifted between gains......click on news to read complete article.

 

     
  
Recent Coffee News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.