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Brazil's Mato Grosso cotton acreage to rise 28.7%: IMEA
21
Dec '13
Brazilian state of Mato Grosso is expected to cultivate cotton on 582,000 hectares of land during the 2013-14 cotton harvest period, which is an increase of 28.7 percent compared to the previous harvest season, forecasts the Institute of Agricultural Economics of Mato Grosso (IMEA).
 
According to the latest weekly newsletter issued by IMEA, the institute upwardly revised its forecasts slightly for the 2013-2014 harvest period, from the earlier 581,000 hectares, and increased it to 582,000 hectares.
 
The cotton cultivation for the 2013-14 harvest period began last week in the Brazilian state, and IMEA reported that after the first week of cultivation cotton sowing has reached 2.7 percent of the planned cotton acreage.
 
According to IMEA, many cotton growers in the state have yet not begun planting cotton as they are still finalizing the harvest of soybeans after which they would be able to start cultivation of cotton.
 
As per IMEA data, exports of cotton from Mato Grosso in the month of November 2013, declined by 59 percent year-on-year to 29,200 tons, and decreased by 51 percent compared to the month of October 2013.
 

Fibre2fashion News Desk - India

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