Yash Chauhan, Wed Oct 08,
According to the organization, cotton cultivation in Gujarat declined by 2.5 percent compared to last year, to 2.11 million hectares. Due to the erratic monsoon and subsequent rain damage, Gujarat is expected to press 6.5 million bales of cotton. However, cotton from Maharashtra, Madhya Pradesh, Telangana, Andhra Pradesh, and Karnataka also comes to Gujarat for pressing. Thus, combining Gujarat's production and external revenue, Gujarat will produce 7.7 million bales of cotton.
Estimating production across India, the organization states that last year, cotton production was 32.5 million bales. This year, sowing has declined slightly to 31.5 million bales.
Last year, production was 11.275 million bales, with cultivation spread over 11 million hectares. The crop is good in South India, while production has declined slightly in North India and Gujarat.
At the Crushers Association meeting, cottonseed production in Gujarat was also estimated. According to this, 2.376 million tons of cottonseed will come from Gujarat, while 1 million tons of imported cottonseed will be purchased and brought to the market. Thus, Gujarat will receive a total of 2.476 million tons of cottonseed. Cottonseed cake production is estimated at 47 million bags.
While cottonseed wash production is expected to be 2.63 million tons, or approximately 26,360 tankers (10 tons per tanker).
New cotton revenue nears 1.5 lakh maunds
With the weakening of the cyclone's strength and the expected return of heat, cotton arrivals at market yards have increased significantly. Following Saturday's arrival of 1.10 lakh maunds, 1.40 lakh maunds arrived at the yards on Monday. Halvad received 24 thousand maunds, Rajkot-Amreli 13 thousand maunds, Botad 38 thousand maunds, and Savarkundla 9 thousand maunds. Cotton prices at the yards range from 850 to 1580 rupees. Of course, due to the extended monsoon, 90% of the cotton is currently wet. Good quality is scarce. If the heat persists for another ten days, good quality cotton will begin arriving.