By mid-2023, according to the president of the Cotton Association of India (CAI), cotton prices could reach Rs 75,000 per candy. This is because there is a significant gap between the crop’s current-season production and the high demand from both domestic and foreign markets. India will soon cease to be a net exporter of cotton…
This season (October 2022–September 2023) will likely see cotton exports reach a 19-year low due to weak demand from importing nations as a result of the slowing economies in the U.S. and Europe. The U.S. Department of Agriculture (USDA) projects that Indian cotton exports will fall by 500,000 bales this month to 1.8 million (U.S….
The 125 lakh hectares of natural fiber in India are planted with cotton, but only 12% of that cotton is organic. With the organic variant, though, islands of ongoing studies show promise. In order to obtain 400 tonnes of organic cotton during the 2022–2023 kharif season, 3,000 tribal farmers have gathered under the auspices of…
The agricultural produce marketing committee (APMC) yards in the growing regions in India have seen cotton arrivals start to rise to a three-year high in March. This is due to the fact that, according to traders and industry leaders, the price of natural fiber has stabilized between 60,000 and 62,000 per candy (356 kg) and…
The cotton crop for the 2022–23 season (October–September) is predicted to be a low of 313 lakh bales (each weighing 170 kg), down from the earlier expectation of 321.50 lakh bales, driven by a decline in production in the cotton-growing states of Telangana and Maharashtra. 307 lakh bales of cotton were thought to have been…
Telangana, the third-largest cotton-producing State in the nation, increased its cotton production by 33% from 18.85 lakh tonnes (lt) in 2015. This is right despite the crop’s area not significantly expanding. 19 lakh hectares (lh) of cotton were planted over the time period, a 12 percent increase from 17 lh. The state’s ability to export…
Extra-long staple cotton, a specialty crop with strong demand in the textile sector, was given a huge boost by the host of initiatives Finance Minister Nirmala Sitharaman announced for increased productivity and improved rewards to farmers. “We will use public-private partnerships (PPP) to adopt a cluster-based and value chain approach to increase the productivity of…
While growers who stuck to urad, moong, bajra, and ragi were unable to realize the MSP, farmers who sold cotton, soyabean, paddy, and jowar crops in the agricultural produce marketing committee (APMC) markets from October to December 2022, the crucial harvesting season, earned an additional 8,241.6 crore over the combined minimum support price (MSP) value….
Telangana and Andhra Pradesh have seen a sharp decline in cotton arrivals. When compared to the same day last year, when arrivals were 3.61 lakh quintals, this year’s arrivals at Warangal market yard have decreased by nearly 45% to 1.98 lakh quintals. Farmers have attributed the poor yields this year to excessive rains at the…
In response to rising domestic and international demand, the price of the common spice cumin (jeera) has increased significantly by at least ‘300 per 20 kg in the past week. The commodity’s price increased from 4,800 to 5,100 to 5,100 to 5,500 in just the past week. According to market experts, this bull run is…
