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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Agriculture Outlay Hiked; R&D To Be Incentivised
17/03/2012 (Hindu Business Line) - Continuing its focus on agriculture as a priority sector, the Union Budget has enhanced allocations to various schemes in the sector.
Cote D\'Ivoire: IFAD to Fund Agricultural Development Project to Improve Food Security and Incomes of Small Farmers
17/03/2012 (AllAfrica.com) - The International Fund for Agricultural Development (IFAD) will provide a US$22.5 million grant to the Republic of Côte d'Ivoire to help improve food security and incomes of smallholder producers with a particular focus on rural young people and especially women.
Agri Schemes Streamlined Into Missions
17/03/2012 (Indian Express) - Highlighting that the agriculture sector has continued to perform “wellâ€, Finance Minister Pranab Mukherjee’s Budget proposals today sought to streamline plethora of schemes into specific missions and rolled out tax proposals to woo the private sector investment in the sector. The aim being to clear the bottlenecks in infrastructure and market linkages.
VEGOILS-Palm Oil Hits 9-Mth High On Export Recovery
16/03/2012 (Reuters) - Malaysian crude palm oil futures edged up to another nine-month high on Thursday, as strong export numbers painted a rosy demand outlook for the edible oil and as soybean supply fears in South America supported prices.
Iran Struggles To Buy SEA Palm Oil As Sanctions Bite
16/03/2012 (The Star) - Iran has not managed to buy palm oil from South-East Asia despite paying for some backdated orders with other currencies apart from the US dollar as Western sanctions bite, traders said.
Crude Palm Oil Imports Considered
16/03/2012 (Bangkok Post) - The Commerce Ministry is mulling dealing with the local palm nut shortage by importing 40,000 tonnes crude palm oil (CPO) from abroad.
Palm Oil Rises
16/03/2012 (Business Recorder) - Malaysian crude palm oil futures edged up to another nine-month high on Thursday, as strong export numbers painted a rosy demand outlook for the edible oil and as soybean supply fears in South America supported prices.
Higher Duty Prospect Lifts Imported Oils
16/03/2012 (Hindu Business Line) - Imported palmolein and soya oil improved by Rs 2 and Rs 3 for 10 kg on Thursday on improved buying interest from stockist ahead of the Union Budget. A wholesaler said market was firm on expectation that import duty would be increased in the Budget on Friday.
Sarawak Oil Palms To See Boost In FFB, CPO Production Growth
16/03/2012 (Borneo Post) - Sarawak Oil Palms Bhd (SOP), a Main Market listed planter, is expected to see a 17 per cent boost in fresh fruit bunch (FFB) production and ramp up crude palm oil (CPO) production, putting behind the production slump experienced in the fourth quarter of 2011 (4QFY11)
