Home / Knowledge / News / Textiles / Huge US subsidies guilty of dip in global cotton crop – Mr Rabbani
Huge US subsidies guilty of dip in global cotton crop – Mr Rabbani
18
Mar '09
Mr Ghulam Rabbani
Mr Ghulam Rabbani
According to a United States Department of Agriculture data released last week, the overall cotton production worldwide has contracted, due to a lower than projected cotton production figures in China and Pakistan in the on-going cotton season.

Global cotton production has plunged by around 880,000 bales (1 bale=175 kg), due to a fall in output in Pakistan to the tune of 200,000 bales and 700,000 bales in China, due to which world production of cotton fell to 108 million bales.

India also witnessed a fall in cotton crop of nearly 200,000 bales, followed by Brazil with 100,000 bales. Cotton consumption by major cotton consuming enterprises, on the other hand also plummeted by 1.50 million bales to 111 million bales.

Fibre2fashion spoke to Mr Ghulam Rabbani, a Pakistan based cotton merchant of repute and who also serves on the board of the Karachi Cotton Association as a Director, to understand the reasons behind the cotton production declining trends.

Mr Rabbani said, “The US Government provides huge subsides to its farmers, particularly the cotton farmers, due to which they are able to sell their cotton crop at lower rates, but which is detrimental to the interests of cotton farmers from other countries”.

He continued by saying, “The Doha rounds of talks have been stalled, due to the reluctance of the US, to reduce those cotton subsidies, despite having committed to do so in the past, but on the other hand US demands that other countries cut their agriculture subsidies”.

“All these factors put together have led to farmers discarding cultivation of cotton crops, since they are not able to generate remunerative prices for the crop that they sow”, Mr Rabbani categorically said, before closing the interview.

Fibre2fashion News Desk - India


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search