Shine of 'white gold' fades in Khandesh, 40% decline in cotton production
There has been a decline of about 40 percent in cotton production this year in Khandesh region, due to which the cotton season seems to be ending prematurely. The cotton season, which usually lasts from April to May, has stopped this time in the beginning of March. Although the Cotton Corporation of India (CCI) has extended the procurement deadline till March 15, the arrival of cotton in the mandis has almost stopped.
Cotton is cultivated on a large scale in Khandesh, Vidarbha and Marathwada regions of the state, which farmers consider as 'white gold'. This time due to adverse weather conditions and heavy rains there has been a major impact on production.
fall in market prices
In the last two weeks, cotton prices have fallen by Rs 300 to Rs 400 per quintal in the private markets of Jalgaon and Khandesh. At present the price of cotton in the market is ranging between Rs 6500 to Rs 7000 per quintal. Many farmers had kept cotton at home in the hope of better prices, but they are facing disappointment due to the fall in prices. Due to low prices, many farmers are avoiding bringing their produce to the market, due to which private ginning and pressing factories are also almost closed.
Farmers have large amount of stock
In Khandesh, about one lakh bales of cotton are still available with the farmers. This stock is mainly held by large farmers, who have held cotton in the expectation that the price will rise. According to Pradeep Jain, founder president of Khandesh Ginning Association, considering the current market conditions, this cotton is likely to come in the market in the next season only.
Distance of farmers from government centers
Cotton arriving in the mandis at the end of the season is often being rejected at government procurement centers citing lack of moisture or quality. Due to this, farmers are disappointed and are staying away from government centers and are forced to keep their produce at home.
