Sunday, 25 August 2013

Cotton Production Likely To Witness 30% Rise

Happy days are here again for cotton farmers in Gujarat as owing to good monsoon production across the state is expected to rise by 30% in 2013-14.



For the cotton season starting from October 1, output of the crop is estimated to be around 115 lakh bales of 170kg each. However, nationally the cotton production is expected to rise by less than 10%. Cotton acreage across the country is expected to remain around 115 lakh hectares including 26 lakh hectares in Gujarat.



With 115 lakh bales of cotton production, Gujarat will contribute to almost one third of national yields. Last year, cotton sowing area in Gujarat was less than 24 lakh hectares with cotton production of around 85 lakh bales.



Currently, the Cotton Advisory Board (CAB) has not released its production estimates for 2013-14 but the cotton traders association is expecting up to 10% rise in national cotton production for the year. Cotton Association of India (CAI) estimates that cotton crop for 2013-14 will see total production of 372 lakh bales against 356 lakh in 2012-13.



The association also estimates that Gujarat the largest cotton producing state is expected to grow up to 115 lakh bales in 2013-14.



“Timely rains will result in higher yields. Gujarat, the highest yielding state in India, has seen an increase of more than 10% in acreage on the back of a good monsoon compared to drought like conditions in 2012-13,” said president of CAI, Dhiren Sheth.



The cotton brokers are more optimists on yield this year.



“We are expecting cotton production to be around 120 lakh bales in Gujarat from total sowing area of 26.50 lakh hectares,” said a city-based cotton broker, Arun Dalal.



The report released by Dalal says that India will have total cotton production of around 375 lakh bales. “Compared to last year, we are expecting 9% rise in cotton production in India. Of the total, Gujarat will lead with 120 lakh bales followed by Andhra Pradesh and Maharashtra,” said Dalal.


Source:- dnaindia.com





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