Cotton industry is trying to poach farmers to increase acreage as farmers may opt for edible oils due to record prices
A rally in both cooking oil prices, including soybeans and cotton, to a 11-year high has worried cotton traders that acreage for cotton could fall as farmers choose the smaller crop cycles of oilseeds and pulses. However, production cost of soyabean is less as farmers use their own seeds. Besides, pesticide and labour costs are … Read more