Related Keywords: below MSP, cotton prices, expected cotton crop, give a record yield, low demand from China, major cotton growing region, raw cotton, Vidarbha inked with agricultural crisis
Vidarbha which is always linked with agricultural crisis due to rains during the last fortnight have changed the situation. The cotton crop is now expected to give a record yield. Last year was marred by a drought and excessive rains had hit the farmers the year before.
However, experts feel that good harvest may not be met with good prices. Cotton rates are expected to reign below the minimum support price (MSP) of 4,050 a quintal. At present, lint is being quoted at 33,000 a bale, which translates into 3,700 a quintal for raw cotton.
