LIVE MARKET TRACKER :   BSE SENSEX   33679.24      |    NSE NIFTY 10389.70    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
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
Ashok Leyland hikes stake in UK subsidiary Optare
(25-Nov-2017)

Ashok Leyland hikes stake in UK subsidiary OptareAshok Leyland has increased its stake in its loss-making UK subsidiary Optare Plc by 23.20% to 98.31%. The UK arm is one of the leading manufacturers of single-decker, double-decker buses and electric......click on news to read complete article.

Lakshmi Vilas Bank planning to raise Rs 786 crore through rights issue
(25-Nov-2017)

Lakshmi Vilas Bank planning to raise Rs 786 crore through rights issueLakshmi Vilas Bank is planning to raise Rs 786.87 crore through the rights issue. In this regard, the Capital Raising Committee of the Board of the Bank met and decided that the rights issue to be offered......click on news to read complete article.

HDFC Standard Life looking to invest more in capital goods sectors: Report
(25-Nov-2017)

HDFC Standard Life looking to invest more in capital goods sectors: ReportHDFC Standard Life Insurance Company is reportedly looking to invest more in the capital goods sectors and a range of companies that are expected to benefit from a major government push to build more homes......click on news to read complete article.

International Stock News
US markets end abbreviated session with modest gains
(25-Nov-2017)

US markets end abbreviated session with modest gainsThe US markets ended the abbreviated trading session with marginal gains on Friday. Trading activity remained subdued, however, as many traders remained away from their desks following the holiday. An......click on news to read complete article.

Asian markets mostly lower in early deals on Friday
(24-Nov-2017)

Asian markets mostly lower in early deals on FridayMost of the Asian equity benchmarks hovered below their 10-year peak in the early deals on Friday while investors viewed Chinese shares with caution after their big fall on the previous day and in the......click on news to read complete article.

Asian markets trade mostly lower in early deals on Monday
(20-Nov-2017)

Asian markets trade mostly lower in early deals on MondayMost of the Asian equity benchmarks are trading in red in the early deals on Monday as investors took a cue from Wall Street last week and noted a light week ahead in the US market with a major holiday......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.