Monday 24 April 2017

Boost seen for cotton sowing on good realisations, normal monsoon

With the prediction of a normal monsoon, sowing and production of India’s biggest commercial crop, cotton, is expected to get a further boost in 2017, on the back of good returns enjoyed by its cultivators last year. “How much increase in acreage there will be would depend on further clarity on the monsoon but I am sure the crop area is going to go up. Market conditions also seem favourable,” Nayan C Mirani, president of the Cotton Association of India, which represents the trade and industry across the value chain, told this newspaper. Production in the current season has been 34.05 million bales, from a little over 33 million the previous year, though the crop area was less. This was possible because some good rain and lower incidence of whitefly attack gave a boost to yield, said Mirani. In Telangana and Andhra, the fall in price of pulses and chillies will also help cotton. "Farmers who have grown pulses will mostly shift to cotton this time, as they had suffered losses due to poor market prices in the past season. Chilli farmers in Telangana and Andhra are also likely to switch to cotton in the ensuing kharif season. Overall, we expect a 10-15 per cent rise the crop area this time," said P Satish Kumar, director of Hyderabad-based Nuziveedu Seeds. Astrology and Numerology Trading Tips


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