There has been a thrust in the overall kharif sowing acreage of cotton crop this year, which is mainly attributable to the opportune rains in some of the main cotton harvesting regions as also the unflinching cotton prices for over a year.
Recent reports from the Directorate of cotton development reveal that, the total area under cotton cultivation as on June 28, 2010 has gone up by 19 percent to touch 2.61 million hectares. This is mainly due to, timely rains, which have facilitated consistent sowing in some of the major cotton producing states.
Also that, now even the farmers from the groundnut producing States like Gujarat and Andhra Pradesh are budging towards cotton as, with cotton they can reap better yields and also earn higher prices, unlike for groundnut, which last year failed to reap good returns for farmers.
This year where Shankar breed of cotton was being traded at a spot price of Rs 30,000 per candy (1 candy = 356 kgs) in Gujarat, it saw a price of Rs 29,000 in Maharashtra.
Fibre2Fashion News Desk - India