Interviews
Zimbabwe farmers refuse to harvest cotton; seek more price
11 May '12
1 min read
Most cotton cultivators in Zimbabwe have not yet begun picking up the crop, though the bulk of the cotton crop is ready for harvesting.
The cotton growers are demanding an increase in price offered to them from the current US$ 0.35 per kg to US$ 1 per kg.
Moreover, cotton-buying points have not been opened so far, which is negatively impacting the cotton farmers in the country who rely on cash from cotton for paying school fees of their children and buying essential items.
Analysts say this year's cotton price has been affected by the market demand and supply situation. The favourable prices offered last year, along with the Presidential Well Wishers Scheme and contract farming, have attracted more farmers to growing the crop this year.
As a result, the area under cotton cultivation this year has risen to 432,709 hectares from last season's 379,689 hectares.
The cotton growers are demanding an increase in price offered to them from the current US$ 0.35 per kg to US$ 1 per kg.
Moreover, cotton-buying points have not been opened so far, which is negatively impacting the cotton farmers in the country who rely on cash from cotton for paying school fees of their children and buying essential items.
Analysts say this year's cotton price has been affected by the market demand and supply situation. The favourable prices offered last year, along with the Presidential Well Wishers Scheme and contract farming, have attracted more farmers to growing the crop this year.
As a result, the area under cotton cultivation this year has risen to 432,709 hectares from last season's 379,689 hectares.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
