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Mato Grosso cotton acreage rises by 2%: IMEA
20
Feb '14
The Brazilian state of Mato Grosso would be cultivating cotton on 593,284 hectares of land during the ongoing cotton harvest season, which is a rise of 2 percent compared to the earlier cotton acreage of 582,000 hectares, as per the Institute of Agricultural Economics of Mato Grosso (IMEA).
 
According to an IMEA weekly newsletter, the estimated area for cultivation of cotton has increased in the state to 593,284 hectares, and the production of cotton is estimated to reach 867,000 tons during this cotton harvest season, which is 26.4 percent more than last season.
 
The IMEA had upwardly revised the cotton acreage in the state to 582,000 hectares last December, from its earlier forecasts of 581,000 and now it has once again revised its estimates to 593,284 hectares.
 
Cotton sowing in Mato Grosso has been completed on 96.3 percent of the total estimated 593,284 hectares of land in the state. Mato Grosso cotton growers have finished cotton planting on 573,000 hectares of the estimated cotton acreage.
 
According to IMEA, cotton planting in the state is moving at a fast pace compared to the last season despite the heavy rainfall that hindered the cultivation during the month of January and the first two weeks of February. IMEA expects cotton sowing in the state to be completed within this week.
 
Earlier in January, the National Supply Company (CONAB) estimated that cotton exports from the Brazilian state is expected to decline by 38 percent to 270,000 tons in 2014, owing to the fall in demand from China, which is the largest importer of cotton from Mato Grosso.
 

Fibre2fashion News Desk - India

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