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India experiences fresh cotton produce

Certain regions are producing fresh cotton. Areas around Dharangaon in Maharashtra, Amreli district of Saurashtra in Gujarat, Hubli and Kabini Dam in Karnataka, small pockets near Adoni in Andhra Pradesh, and Khargone in Madhya Pradesh are the regions, are witnessing fresh cotton output. Kharif cotton production estimate could be 33.5 million bales for 2015-16 as against 34.62 million bales in 2014-15, a marginal decline because of deficient rains. This is based on sowing until now across India. Indian Cotton Federation (ICF) says total cotton estimates vary between 370 lakh bales to 400 lakh bales of 170 kg a bale for the 2015-16 season.

During the last fortnight, Cotton Corporation of India (CCI) has been able to get consistent sale through its auction and unsold stock was approximately 25 lakh bales, as per the ICF. Even at the very end of the season, since good quality cotton is available to them at market prices, mills have been saved by the CCI this season.

The white fly attack posed a problem in the northern region of Punjab, Haryana, and Rajasthan because of which, Punjab allocated a compensation of Rs 10 crores to the affected farmers. Water shortage in various catchment areas was resolved by the floods in Surashtra, in Gujarat. However, the severe heat conditions that followed the floods, has affected the cotton plants and this apparently is likely to lead to a dip in the yield because of stunted growth of the plants.

 
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