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Cotton Output Is Expected To Record In India In 2014.
< p > > India a href= "http://m.pmae.cn/news/index_c.asp" > cotton < /a > Company (CCI) said that due to the late rainy season to urge farmers to discard soybean and peanut crops, India cotton production is expected to rise to a record high. < /p >
< p > B.K.Mishra, chairman of India Cotton Corp, said that cotton production in India is expected to increase by nearly 2.6% to 40 million bags in the new cotton year. He said cotton planting area in India will be higher than 11 million 700 thousand hectares. The harvest will be delayed due to the beginning of the worst rainy season since 2009. < /p >
Prerana Desai, director of research and development at P > KotakCommodityServicesLtd., said: "at present, after planting soybeans and peanut crops, farmers can only choose suitable season cotton crops. The seeding process will catch up and the cotton planting area will increase. It remains to be seen whether we can harvest record output. < /p >
< p > ICE < a href= "http://m.pmae.cn/news/index_c.asp" > cotton futures < /a > has declined for 11 consecutive weeks. India's cotton production will increase or will inhibit cotton price rise. < /p >
< p > although India traders expect the 2014/15 a href= "http://m.pmae.cn/news/index_c.asp" > cotton yield < /a > will increase in the country, however, UBS expects that the delay of sowing work in main producing areas will lead to a decline in output. According to the data, as of July 18th, farmers have sown 5 million 600 thousand hectares of cotton, down 44% from 10 million 50 thousand hectares in the same period last year. < /p >
< p > Mishra of India Cotton Corp said that late rainfall and insufficient rainfall in most parts of India prompted farmers to switch to cotton because of relatively less water requirement for cotton crops. Cotton picking in Punjab and harya state of northern India will be postponed for 20~30 days, while cotton picking fear in India's main cotton producing areas, Gujarat and Maharashtra, will be delayed for about 45 days. < /p >
< p > B.K.Mishra, chairman of India Cotton Corp, said that cotton production in India is expected to increase by nearly 2.6% to 40 million bags in the new cotton year. He said cotton planting area in India will be higher than 11 million 700 thousand hectares. The harvest will be delayed due to the beginning of the worst rainy season since 2009. < /p >
Prerana Desai, director of research and development at P > KotakCommodityServicesLtd., said: "at present, after planting soybeans and peanut crops, farmers can only choose suitable season cotton crops. The seeding process will catch up and the cotton planting area will increase. It remains to be seen whether we can harvest record output. < /p >
< p > ICE < a href= "http://m.pmae.cn/news/index_c.asp" > cotton futures < /a > has declined for 11 consecutive weeks. India's cotton production will increase or will inhibit cotton price rise. < /p >
< p > although India traders expect the 2014/15 a href= "http://m.pmae.cn/news/index_c.asp" > cotton yield < /a > will increase in the country, however, UBS expects that the delay of sowing work in main producing areas will lead to a decline in output. According to the data, as of July 18th, farmers have sown 5 million 600 thousand hectares of cotton, down 44% from 10 million 50 thousand hectares in the same period last year. < /p >
< p > Mishra of India Cotton Corp said that late rainfall and insufficient rainfall in most parts of India prompted farmers to switch to cotton because of relatively less water requirement for cotton crops. Cotton picking in Punjab and harya state of northern India will be postponed for 20~30 days, while cotton picking fear in India's main cotton producing areas, Gujarat and Maharashtra, will be delayed for about 45 days. < /p >
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