Cotton Seed

India has already allowed commercial use of BG-1 and BG-2 GM cotton while the approval for the BG-2 RRF has been pending at various stages. Field trials are likely for North Zone

Cotton seed oil cake is trading at Rs 1,900 per quintal at the benchmark Akola market; The barley price in Jaipur is trading at Rs 1,431 per quintal

Cotton seed oil cake at Akola is trading at Rs 2,031 per quintal, while chana price has rallied too steeply on the back of supply constraints

Weak demand and favourable weather across the major producing region is expected to keep prices under pressure

Cottonseed oil cake is trading at Rs 1,982.8 per quintal at Akola, and is expected to head towards Rs 1,950

Squeezed between rising cost of production and falling realisation, cotton seed companies are planning to cut its production for the kharif sowing 2019 which may impact India's 8 million farmers adversely.Cotton seed producers claim that their production cost has risen by 20 per cent in the last three years since when the Bollgard II Bt cotton price was fixed at Rs 800 per packet of 450 each two years ago. But, after stagnating for two years, the government of India decided to cut its prices by Rs 60 or 7.5 per cent to Rs 740 per packet for the current year.The cut was announced at a time when seed companies have initiated awareness programs for farmers to help them adopt best farm practices to fetch higher yield from the same sowing area. Last year, many farmers in Maharashtra, Andhra Pradesh and Telangana reported huge cotton output loss due to pink ballworm attack on the standing crop. The decline in output in major producing states prompted the government to reduce its cotton ...