Cotton farmers can go for cotton sowing

Image
Press Trust of India Coimbatore
Last Updated : Jul 10 2016 | 7:57 PM IST
With the price of good quality extra-long staple cotton expected to be over around Rs 6,000 to Rs 6,200 per quintal in December and January next, the farmers are advised to take sowing decision accordingly.
The Price Forecasting Scheme in Tamil Nadu Agricultural University has analysed the cotton prices prevailed in Konganapuram Regulated market in the state for the last 10 years and arrived at the price behaviour.
In Tamil Nadu, cotton was grown in an area of 0.1 million ha with production of 0.53 million bales (170 kg a bale) during 2014-15 in major cotton producing districts of Perambalur, Salem, Trichy, Dharmapuri, Ariyalur and Cuddalore.
Quoting trade sources, the analysis said that the area of cotton in India may decline up to 35 per cent as the farmers have shifted to crops like groundnut, pulses, paddy and sugarcane.
The white fly attack in major cotton growing regions during last season and the above normal rainfall during monsoon as per the weather forecast had made the farmers to go for other crops, the analysis said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 10 2016 | 7:57 PM IST

Next Story