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India’s cotton cultivation declines by 8 percent this year

Related Keywords: cotton corporation of India, cotton cultivated declined, crash in cotton prices, decreasing resistance of BT cotton, high cultivation cost, large number of cotton growing farmers, national cotton acreage has come down, poor yield, predicted higher cotton acreage this year, switched to food crops, total cotton output expected to be dismal

The Cotton Corporation of India, (CCI) had earlier predicted higher cotton acreage for 2015-16. Now, the total cotton output of India is also expected to be a dismal 352 lakh bales, compared to the 380 lakh bales a year ago. As the national cotton acreage has come down from 128 lakh hectare to 118 lakh hectare between 2014-15 to 2015-16, as per the latest CCI statistics.

Ending of subsidy for Egyptian cotton farmers raise concern over future yield

Related Keywords: cheaper imported cotton, cotton prices, cultivate cotton less, Egyptian cotton farmer, ending subsidies, high cultivation cost, long staple variety, low local and international demand, white gold

The Egyptian government has long given subsidies to cotton producers to make up for the gap between the high price of Egyptian raw cotton and the final price of products, which can be less than total production costs. Last week Adel Al-Beltagui, minister of agriculture and land reclamation, informed that the government will not be paying a cash subsidy of LE1,400 per feddan to cotton producers as it did last year. As, high cultivation costs, together with low local and international demand for Egyptian cotton, particularly the long-staple variety, were the main reasons behind the decision.

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