Cotton Crop

CAI lowers cotton crop estimate to 33.97 million bales for 2022-23

The Cotton Association of India (CAI) on Tuesday reduced the cotton crop estimate by 4.25 lakh bales to 339.75 lakh bales for the 2022-23 season, beginning from October 2022, as the production in Haryana, Andhra Pradesh and Karnataka is expected to decline. The total cotton production in the last season is estimated at 307.05 lakh bales, which is 32.7 lakh bales less than the current season estimates, the CAI said in a statement. The production of cotton crop for 2022-23 season for Haryana is estimated at 13.02 lakh bales, Andhra Pradesh at 15 lakh bales and Karnataka at 24 lakh bales, according to CAI data. The total cotton supply for October and November 2022 is estimated at 84.68 lakh bales, which consists of arrivals of 50.29 lakh bales, imports of 2.50 lakh bales and the opening stock estimated by the CAI at 31.89 lakh bales at the beginning of the season. Further, the CAI has estimated cotton consumption for October and November 2022 at 40 lakh bales while the export shipment

CPAI asks Sebi to provide uninterrupted trading in cotton futures contracts

Commodity Participant Association of India (CPAI) has urged capital markets regulator Sebi to facilitate uninterrupted hedging and trading in cotton futures contracts to market participants. This comes after Sebi in August suspended trading in all cotton futures contracts on commodity exchange MCX for one month to align the contract specifications with that of the market. Later, MCX informed that it is in process of modifying the cotton contract specification and no fresh position would be permitted in cotton January 2023 contracts and the subsequent expiry contracts till such time the revised contract specification gets finalised. In its letter to Sebi on Monday, CPAI said the current contract will expire on December 30, 2022, and will move into the delivery period five days before the expiry. The market participants and hedgers need to roll over the position into January 2023 onwards contract. The market participants are awaiting the notification for the modified contract ...

India cotton output seen rising 12% on bigger crop area, says trade body

India is likely to produce 34.4 million bales of cotton in the 2022/23 season that started on Oct. 1, up 12% from a year ago after farmers expanded the crop area, a trade body said on Tuesday

Pakistan's textile units shut down due to shortage of cotton after floods

The already fragile Pakistan economy, hit hard by the devastating floods, now faces the shutdown of textile factories as the cotton crop has been destroyed

Here's why factories making towels and bedsheets are shutting in Pakistan

As many as 100 smaller mills have suspended operations due to a shortage of good quality cotton, high fuel costs, and poor recovery of payments from buyers in flood-hit areas

Punjab govt to form committee to decide commission for cotton crop

The Punjab government has decided to form a nine-member committee to decide on the quantum of commission to be paid to 'arhtiyas' or commission agents for the cotton crop. Agriculture Minister Kuldeep Singh Dhaliwal said that to resolve various issues of cotton farmers and the commission agents, a joint meeting was called here on Friday to redress the issues. Additional Chief Secretary of Agriculture Department Sarvjit Singh and Special Chief Secretary to Chief Minister Ravi Bhagat were among the officials present in the meeting, said an official statement. Dhaliwal said that with the consensus of all, it has been decided to form a 9-member committee to take a decision on the commission to be taken by agents on the cotton crop. The committee will have two representatives each of arhtiyas, cotton farmers, cotton factory owners and three government officials. During the meeting, the farmers also brought to the notice of the Agriculture Minister that there are illegal encroachments i

CAI lowers cotton crop estimate to 31.5 mn bales for current season

Cotton Association of India reduced its estimate for the cotton crop output for the current season beginning October 2021 to 315.32 lakh bales of 170 kg each

Haryana grants NOC to Mahyco for field trials of BT cotton variety

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

CAI lowers cotton crop estimate to 33.51 million bales for 2021-22 season

The total production during crop year 2020-21, stood at 353 lakh bales, the CAI said in a statement

Cotton growers in Punjab are being 'exploited', says Sukhbir Singh Badal

Shiromani Akali Dal president Sukhbir Singh Badal urged Prime Minister Narendra Modi on Saturday to intervene and ensure cotton was procured at the minimum support price in Punjab

Farmers expand area under cotton by 24% on price increase, MSP hike

Demand to pick up now as textile mills resume operations after lockdown

Sena warns of stir if cotton procurement centres not started by Diwali

The party also said the government should give an assurance that the Cotton Crop of India (CCI) would buy cotton at Rs 5,500 per quintal

Bt cotton regains farmers' confidence, acreage under crop goes up to 93.6%

With this, the insect resistant transgenic crop has regained farmers' confidence which had been shaken three years ago

Pest attack, low yield to hit cotton crop

Following low arrivals, with falling yield due to pest attack, the cotton crop is set to fall significantly, say observers.Clarity is expected in a few weeks on the extent of damage the pink bollworm has done to the standing crop, especially in Maharashtra and Telangana. This had also happened last year in Gujarat and three years earlier in Haryana. Its gravity is higher this year; in disease-prone districts, farmers are selling damaged crop at 10-15 per cent less. Cotton Association of India (CAI) has projected the 2017-18 crop at 37.5 million bales (170 kg each). Atul Ganatra, president of CAI, said: "Based on reports from mandis (wholesale markets), we feel the yield will be lower by 10 per cent and, looking at lower arrivals at the beginning of the season, we will have to revise the crop estimate lower." Usually, from November onward, daily arrival historically averaged 200,000 bales a day; this time, they are 30 per cent lower. Lower yield, crop damage and farmers being tempted ..

Spinning mills' margins to recover in Q3 on bumper cotton output

Profit margins of most spinning mills remained under pressure in Q1FY18

Farmers worried as cotton yield may be hit this year due to poor rains

Going down underStagnating cotton yield despite increase in areaCrop year (Oct - Sept) Area (lakh ha) Output (lakh bales) Yield (kg / ha)2010-11 111.42 339 5172011-12 121.78 367 5122012-13 119.78 370 5252013-14 119.6 398 5662014-15 128.46 386 5112015-16 118.77 338 4842016-17 105 351 5682017-18 - 350 -Sources : Cotton Advisory Board, Cotton Corporation of India; 1 bale = 170 kgsEven as farmers seem inclined to bring more area under cotton this year, they fear a decline in yield due to deficient rainfall in major growing areas during the last three weeks.The India Meteorological Department (IMD) forecast this year's monsoon - like last year - to be normal. But, despite being a normal monsoon by the long-period average (LPA), the distribution remained a worry last year. While the middle-, northern- and eastern parts of India received above-normal rainfall, the western and southern parts remained degicient last year. Experts have started fearing a repeat of last year, with reports of ...

Cotton crop in top grower seen at three-year high on local price

India's total cotton area may climb 10% in 2017-18 from a year earlier, says Nayan Mirani