Trade body CAI cuts India’s 2021-22 cotton production estimate by 2.33%

Trade body CAI cuts India’s 2021-22 cotton production estimate by 2.33%

Trade body Cotton Association of India (CAI) has reduced cotton crop production estimate for 2021-22 season beginning October 1, by 2.33% in its March estimate released today. The CAI has reduced its cotton crop estimate for the 2021-22 season by 8.00 lakh bales to 335.13 lakh bales (of 170 kg each) from its previous estimate … Read more

Cotton industry is trying to poach farmers to increase acreage as farmers may opt for edible oils due to record prices

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