The United States Department of Agriculture (USDA) forecasts India’s cotton production for 2019/20 at 29.5 million 480-pound bales, up nearly 2 per cent from last month and up 11 per cent from the previous year. The increase is based on improved weather conditions in the major cotton areas of Gujarat and Maharashtra. Harvested area is […]
Cotton prices have started rising the past one week due to lower production estimates this year, following reports of crop damage on erratic rainfall and pink bollworm attack on standing crops in major growing regions, reports Business Standard. Data compiled by Agmarknet.in showed raw cotton prices in Warangal mandi surged by 7 per cent the past 10 days […]
Amid speculation that private players may stay away from cotton purchase, the Cotton Corporation of India (CCI) has begun preparing for the season ahead. P Alli Rani, CMD, CCI, said that the agency is geared up for the procurement of 100 lakh bales but believes that market intervention may not be necessary, Financial Express reports. […]
India’s foodgrains production is almost flat at 284.95 million tonnes in 2018-19 crop year due to fall in pulses and coarse cereals output even as the country harvested record rice as well as wheat crops, according to the Fourth Advance Estimates of Production of Foodgrains for 2018-19 released by the Ministry of Agriculture & Farmers’ […]
The performance of domestic cotton spinners is likely to weaken in FY2020, following a brief recovery in FY2019, as they are grappling with the twin challenges of weak export demand and uncompetitive cotton prices, rating agency ICRA said in its latest report. As per the ICRA report, de-growth in volumes due to lower export demand […]
In a major relief, the Nagpur Bench of the Bombay High Court has ruled in favour of the Shetkari Sanghatana with regard to the criminal cases filed against farmers for sowing HT Bt cotton seeds. The high court has passed a stay against the state government to take any coercive police action against the farmers. […]
The U.S.-China trade war is sparking so much fear over demand that even those parts of the commodity world that aren’t in the direct firing line are getting burned, says a report by Bloomberg Oil had its biggest sell-off in four years after U.S. President Donald Trump brought an abrupt end to a truce forged […]
Indian cotton production for the 2019-20 season is estimated to be at 29 million 480 pound bales, the U.S. Department of Agriculture (USDA) attache in New Delhi said in a report, down 1 per cent from earlier estimates. The production decline is the result of reduced plantings in central Maharashtra, where farmers are shifting towards […]
The United States Department of Agriculture (USDA) forecasts India’s cotton production for 2019/20 at 29.0 million 480-pound bales, up 2 per cent from its previous forecast and 9 per cent from last year. Harvested area is forecast at 12.6 million hectares, up 2 per cent from last month and unchanged from last year. The increase […]
Farmers have reduced area under cotton sowing this season in favour of some oilseeds in which they foresee better earnings. Cotton prices, despite a much lower crop as estimated by trade and industry, have not given them much returns in the last season. Lower cotton acreage and lower availability at a time when crude oil prices are falling is likely to raise […]
