Cotton is being sold at more than the minimum support price in the grain markets of Haryana
By 2024-09-24 11:14:27
In Haryana's grain markets, cotton is being sold for more than the minimum support price.
Hodal:- At present, the cotton crop is being sold at a price higher than the minimum support price (MSP) in the grain market of the sub-division. The main reason for this is the decrease in the area of cotton cultivation and the fall in production due to waterlogging due to rain. Although the crop has been damaged due to rain, the farmers are getting some relief by getting high prices. Currently, farmers are reaching the market of Hodal to sell cotton, where the price of cotton ranges from Rs 7400 to Rs 7900 per quintal.
In 2023, till September 23, 11,528 quintals of cotton had arrived in the market, whereas in this financial year so far only 4144 quintals of cotton have arrived in the market. The MSP for short-fiber cotton has been fixed by the government at Rs 7121 and for long-fiber cotton at Rs 7521 per quintal. Long-fiber cotton is mainly grown in the Hodal area. Till last season, farmers had to agitate to sell cotton at MSP, whereas this time the situation is reversed. Due to reduction in cotton acreage and waterlogging in the fields due to heavy rains in September, there has been a huge reduction in production. This has increased the demand for cotton in the market and traders are buying cotton by paying good prices.
Quality affected due to weather
This year the quality of cotton has been affected due to adverse weather conditions, yet farmers are getting good prices. All the cotton that has come to the market so far has been purchased privately. In early September 2023, the price of cotton was Rs 5200 to Rs 6000 per quintal, which has now increased to Rs 7400 to Rs 7900. Due to paddy harvesting and wheat sowing in November, farmers are bringing less cotton to the market. The crop has suffered a lot due to heavy rains in the area.
Big loss due to rain
According to Mandi Secretary Virendra Kumar, till 23rd September last year, 11,528 quintals of cotton had arrived in the Mandi, whereas this year till now only 4144 quintals of cotton have arrived, which indicates that the crop has suffered a lot due to rain. Agriculture department officials believe that due to more diseases in the crop, farmers have also reduced the sowing of cotton this time.
