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Uncertain future of Greek cotton afterwards this year's production

17
Jan '07
Factors of Greek market of cotton appreciate that if meteorological were ideal, thing that did not happen finally, the total production would not even exceed the 1.000.000 tons. This happens from the essential abandonment.

After the assessment of farming period 2006 - 2007 that are presented particularly disappointing, exist intense reflection henceforth in the Greek market on the prospects of Greek cotton, that with the tobacco were the previously national us rural products.

Exists a tendency of producers to cultivate only for the special aid of 54 Euros the acre and no for the production.

According to the last estimates of [OPEKEPE] and [YPAAT] the production is decreased at 30% roughly even if the extents that were cultivated are similar with the [persines] (round 3.700.000 acres).

Hence it is very likely because the new CAP cultivates our country bigger extents but we have lower productions than the mean of last five-year period, that can have negative consequences for the future of aids in the cotton producer, afterwards the revision that will become in 2009.

Thrakika Ekkokistiria S.A.


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