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May
28

Cotton output estimates to reduce to 330 lakh bales

Releasing its cotton crop estimate for the season October 2019 to September 2020, Cotton Association of India (CAI) said that India’s cotton production has been revised downward to 330 lakh bales (each of 170 kg) for 2019-20, which is 24.5 lakh bales lower from the earlier estimate and about 18 lakh bales higher than the output estimate of 2018-19. It said that due to better availability of water for the rabi crops, many farmers preferred rabi cultivation and uprooted their cotton plants without waiting for the last picking. This will result in reduced output of cotton. The maximum reduction in cotton production will be seen in Gujarat at about 11 lakh bales, followed by Maharashtra with a decline of 8.5 lakh bales, Karnataka with 2 lakh bales, Andhra Pradesh and Haryana with one lakh bales each and Punjab and Upper Rajasthan with a decline to the tune of 50,000 bales each. As per the report, Gujarat gets 15-20 lakh bales of cotton from States, but because of direct procurement by the Cotton Corporation of India at MSP rates in these States, cotton arrivals from there to Gujarat will be impacted.