New sugar season to begin with much lower stocks: Pawar

New Delhi, Sep. 1 (ANI): Union Agriculture Minister Sharad Pawar on Tuesday said that the new sugar season will begin with much lower stocks, as the production will be hit by lower sugar recovery from cane after the failure of monsoon rains.

“The production of sugar in India during year 2008 and 2009 sugar season has not been adequate to meet the domestic demand of the country. We started with very comfortable opening balance that was around 10 million tonnes of sugar on 1st October 2008. However we expect sugar production during 2009 and 2010 definitely less…somewhat 8-22 billion tonnes,” Pawar told reporters.

Recently, the head of the National Federation of Cooperative Sugar Factories Ltd, J.B. Patel had said India’s opening stocks would be at 2.7 million tonnes, down three quarters from 10 million tonnes on October 1, 2008.

India’s dwindling stocks and rising demand have helped raw sugar futures surge to the highest in nearly three decades on prospects of large purchases by the world’s top sugar consumer.

Weak monsoon rains have further raised supply concerns in India.

Many Indian farmers abandoned cane cultivation last year as they found wheat more attractive after the government raised the purchase price for the grain handsomely.

India had exported five million tonnes of sugar last year, but it swiftly turned into a large importer to counter low supply and rising prices.

Sugar industry officials say the government should lift controls on the sugar sector to correct the demand-supply mismatch. (ANI)

Kolkatans worried over rise in prices of vegetables, fish

Kolkata, Aug 28 (ANI): People of Kolkata are a worried lot as prices of vegetables and fish have increased in the city.

The vegetable vendors are selling potatoes at the rate of Rs.18 per kg which were earlier being sold at Rs.6. Earlier, prices of tomatoes were Rs.20 per kg but now they are being sold at Rs.30 per kg. The prices of other vegetables have also increased.

Vegetable sellers say that less production of vegetables have increased the price this year.

“The prices of vegetables were low earlier. But now the prices are increasing because of less production. There is a gap between supply and demand,” said Sahadeb Poira, a vegetable seller.

Residents say that prices of vegetables are becoming unaffordable for them.

“Here if I go to market for potatoes I have to pay 18 rupees more than that. And say now when you—-purchase 5 rupees or 6 rupees per kg now its three times therefore we can’t afford it,” said RN Chakraborty, a resident of Kolkata.

The prices of food grain, sugar and other items of daily needs have created an explosive situation in India because of weak monsoon and drought like situation.

Food prices surged an annual 13.3 percent in mid-August even as the overall wholesale price index fell, and the impact of a poor monsoon on inflation and the economy could prompt further government relief steps.

The prices of ‘Hilsa’ fish have also increased in the region. Sayeed Anwar Maqsood, secretary, Fish Importers Association says that prices have increased because of less procurement from neighbouring Bangladesh.

“The prices of Hilsa fish have gone up because of the fact there is a scarcity in the market. We fish importer association used to bring every year more than 5,000 metric ton of Hilsa fish. But then we are not able to bring fish this year from Bangladesh. The major reason is because fish availability in Bangladesh itself is very little,” said Maqsood.

Hilsa prices in Kolkata, as a result, have shot up substantially from 100-120 rupees (2.3- 2.7 US Dollars) a kilogram to 350-400 rupees (8.15- 9.31 US Dollars), putting the fish out of reach of middle class Bengalis. (ANI)

Travel Picks: 10 Top International Wine Destinations

SYDNEY (Reuters Life!) – Wine tourists are a growing breed as wineries around the globe step up their game and offer visitors better services and gourmet food alongside wine tasting.

Forbes.com (www.forbes.com) has come up with 10 top international wine destinations assisted by George Taber, author of “In Search of Bacchus: Wanderings in the Wonderful World of Wine Tourism.” The list is not endorsed by Reuters:

1. Castello Banfi, Tuscany, Italy

The Banfi winery was started by John Mariani, an American wine importer. One of the more gorgeous wineries in Tuscany, it boasts a beautiful castle with two great restaurants, a wine tasting room and cellar tour.

2. Montes, Colchagua Valley, Chile

Montes is among the most well-known Chilean wine producers, but it hasn’t lost its eccentricity. “It’s the only winery in the world I know where the wines are aged with Gregorian chants being played in the background,” says Taber.

3. Ken Forrester, Stellenbosch, South Africa

Stellenbosch is considered one of the most beautiful wine areas in the world, with a Mediterranean climate and scenery reminiscent of the Napa Valley, without the crowds. Winemaker Ken Forrester made several trips to France’s Loire Valley before applying his expertise back home in South Africa.

4. Fournier, Mendoza, Argentina

This winery is only about 10 miles from the Andes “so in the background you can see the snow-capped mountains all year long,” says Taber. The winery has a modern design, almost like a spaceship that landed in the middle of the desert.

5. Leeuwin Estate, Margaret River, Australia

Margaret River is closer to Singapore than it is to Melbourne, so it’s a long trip getting there. “It’s a little pocket that makes just outstanding wines,” says Taber. The beautiful landscape with old forests “is so isolated it’s not so crowded — you get wonderful service.”

6. Felton Road, Central Otago, New Zealand

Relatively new to the wine world, Central Otago is also the southernmost wine region on the planet. Some areas, like the Gibbston Valley, are more aesthetically pleasing than others, such as the Bannockburn area, the site of Felton Road. But Otago’s pinot noir superstars, such as Carrick, Mt. Difficulty, Akarua and Felton Road are all here in Bannockburn.

7. Bodegas Ysios, Rioja, Spain

The area has become famous in the past few years for architecture by the likes of Frank Gehry. Bodegas Ysios, designed by Santiago Calatrava, resembles the mountains that lie just behind it. “They also make great wine,” says Taber.

8. Quinta do Portal, Douro Valley, Portugal

Reach this winery by driving along narrow, winding roads. If you’re planning on tasting more than one glass of wine, consider staying the night. “They have a guest house hotel that has beautiful views,” notes Taber.

9. Chateau Lynch-Bages, Bordeaux, France

Bordeaux is known to produce some of the best wines in the world. But until recently, the region did not have a reputation for beautiful views or a friendly tourist experience. Lynch-Bages now offers a hotel, restaurants and shopping.

10. Peter Jakob Kuhn Oestrich, Rhein/Mosel, Germany

This is one of the world’s most romantic settings, with mountain-top castles and a friendly, welcoming winery. Don’t be put off by the screw caps on all this winery’s bottles, says Taber — the wines are now the best and most consistent they’ve ever been.

(Editing by Belinda Goldsmith)

Rapeseed growers in Rajasthan expect a bumper crop

Bharatpur, Feb 9 (ANI): Farmers in Rajasthan’s Bharatpur district are expecting a bumper rapeseed crop this year thanks to ample rainfall.

Rajasthan, where at least 40 per cent of agricultural land is used for cultivating mustard, accounts for almost 50 per cent of the national output.

But weather condition has been good this year, putting a smile on the face of farmers in Rajasthan.

“Rajasthan is famous for the high qualitative yield of mustard, but since past few years, we were facing lot of problems because of inadequate rainfall. But this year, our yield has been very good, because of adequate rainfall,” said Chabbal Singh, a farmer.

In the absence of adequate rainfall, many farmers in Bharatpur had shifted to wheat last year.

Farm scientists said there could be a bumper crop.

“It seems as if the whole field is coloured yellow. Some of the crops are mature, while others will mature soon. This time because of good rainfall, crop is excellent,” said Arvind Kumar, director at the National Research Centre on Rapeseed-Mustard.

The research centre provided farmers with new varieties of hybrid seeds and techniques of irrigation that helped the farmers attain a good yield.

India’s rapeseed or mustard output fell by more than 15 per cent to 6.07 million tons as cold weather damaged crops in 2008.

India, the world’s biggest vegetable oil importer after China, produces only one rapeseed crop in a year that is sown in October and harvested from March.

India imports almost half of its annual edible oil consumption of around eleven million tons. It buys palm oil from Malaysia and Indonesia and soyaoil from Brazil and Argentina.

India has two crop cycles. The crop year runs from July to June. Summer-sown crops are planted in May-June and harvests begin in September-October. Crops sown in the winter months of October-November are harvested in March-April. y Brijesh Kumar Singh (ANI)

Czech gas deliveries drop for second day amid Russia-Ukraine row

Czech gas deliveries drop for second day amid Russia-Ukraine rowPrague – The Czech Republic’s natural gas deliveries dropped for the second day Monday as a gas row between Russia and Ukraine continued, a gas importer said.

Martin Chalupsky, a spokesman for the country’s leading gas importer, RWE Transgas, said the firm on Monday received 9.5 per cent less gas than ordered for the day.

He said that the drop amounted to 1.7 million cubic metres of gas, or 2 per cent of country’s daily consumption. He said the reduction would have no impact on Czech consumers.

“As the drop it so small we are able to cover these shortfalls by raising supplies from underground storage tanks,” Chalupsky told Deutsche Presse-Agentur dpa.

He said the firm had enough gas for two months if daily delivery drops of 5 to 20 per cent would continue amid current freezing conditions.

“We are convinced that we will cover the whole winter season with storage supplies,” he added.

The company, which commands a 71-per-cent share on the Czech market, recorded the first delivery drop of 5 per cent on Sunday, four days after Russia’s gas export monopolist Gazprom turned off gas supplies to Ukraine.

The European Union’s eastern members have issued conflicting reports on gas delivery rates since Friday.

The EU dispatched a Czech-led fact-finding mission to Kiev on Monday to clarify the situation surrounding Russia’s delivery cut to Ukraine.

The EU, which is chaired by the Czech Republic until June 30, has so far rejected calls to broker what it calls a “commercial dispute” between the two neighbours.

The bloc strongly urged both countries to reach a deal and renew full gas supplies to the 27-member bloc. (dpa)