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LATEST NEWS UPDATES | Thanks to good rains, cotton output seen rising 4% to 34.5 m bales

Thanks to good rains, cotton output seen rising 4% to 34.5 m bales

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published Published on Aug 21, 2017   modified Modified on Aug 21, 2017
-The Hindu Business Line

Mumbai: Cotton output is expected to increase 4 per cent to 34.5 million bales (of 170 kg each) in the cotton year ending September on the back of sharp rise in yield.

However, the acreage under cotton has dropped 11 per cent to 10.84 million hectares (12.29 million hectares). The yield per hectare is expected to increase to 541 kg from 459 kg, according to the second advanced estimate released after the Cotton Advisory Board met here on Friday.

Export to decline

Kavita Gupta, Textile Commissioner and Chairperson of CAB, said cotton export is expected to decline to 6 million bales this year from 6.9 million bales last year with concern over availability of cotton in domestic markets.

Exports to Pakistan have fallen drastically while Bangladesh accounted for 40 per cent of total exports from India till May.

“There are reports of pink ballworm attacks in Gujarat, Maharashtra, and Madhya Pradesh, and whitefly attack in Punjab and Haryana. But better crop management and efficient protection mechanism would reduce the impact on the productivity in the coming season,” she added.

Next Season

The area under cotton crop is expected to bounce back to 11.9 million hectares the next season and the output is set to grow in double digits, Gupta said.

“We are expecting the area under cotton to increase as the monsoon was on time and farmers got a better price for their crop. So, some area under pulses was diverted to cotton,” she added.

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The Hindu Business Line, 20 August, 2017, http://www.thehindubusinessline.com/economy/agri-business/thanks-to-good-rains-cotton-output-seen-rising-4-to-345-m-bales/article9824324.ece?homepage=true


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