Great relief for cotton farmers! CCI will resume cotton procurement again... Nai Dar Kya Hai?
By yash chouhan 2025-02-24 12:57:08
Cotton farmers are relieved! CCI is going to start buying cotton again. Nai Dar Kya Hai?
Cotton procurement:- Cotton procurement by CCI (Cotton Corporation of India - CCI) is about to resume, which is likely to provide financial relief to many cotton farmers. Cotton procurement by CCI started from November 9 in Limbala (Makta) area near Hingoli town. However, the procurement process was halted from February 11 due to space issues at the procurement centre.
Farmers have been facing major difficulties in selling cotton for the past few weeks. Cotton prices in the open market did not meet expectations as many farmers depended on CCI's procurement centre. However, they were facing a major problem as the procurement process was stalled due to lack of space. Now the market committee administration has resolved the issue and said that the shopping will start smoothly from February 24.
Cotton prices have seen a lot of fluctuation this year. Till December, the CCI had quoted a price of Rs 7,521 per quintal, while the price of cotton in the open market could not even cross Rs 7,000. As a result the farmers suffered huge losses. By the end of January, cotton inflows slowed down, resulting in only 50 to 70 quintals of cotton being procured per day.
Had to stop shopping due to location issues.
Cotton procured at the center was stored in large quantities. Due to lack of space, no space was left for storing new cotton. Due to this, the purchase was temporarily suspended from February 11. Meanwhile, the location issue has now been resolved as bales of cotton, sorghum and other stocks have been shifted elsewhere, and hence procurement will resume from February 24.
Only good quality cotton is worth buying.
At present, prices are being determined according to the quality of cotton in the open market. Common cotton is being sold at Rs 5,500 to Rs 6,000 per quintal, while the CCI procurement center is fetching Rs 7,421 per quintal. However, farmers have been urged to bring good quality cotton to the procurement centre.
Big life for farmers
Many farmers will benefit from CCI's procurement process. Currently, market prices are relatively low, so the government's procurement process will ensure that farmers are fairly compensated for their produce. Every year farmers depend more and more on cotton prices. If the market prices are not satisfactory, the government procurement centers can be of great help to the farmers.
Shopping will resume from February 24
The procurement will start smoothly from February 24 onwards after the location issues are resolved. This will give cotton farmers a good opportunity to sell their produce. Government intervention will give some relief to the farmers and they are likely to get fair value for their produce.
Cotton growers should take advantage of this opportunity to sell good quality cotton and take advantage of CCI's procurement centre.
