CCI has also reduced the rates for cotton growers.
2025-01-08 15:28:41
The rates for cotton growers have also been lowered by CCI.
Although cotton is being procured at guaranteed rates through the Cotton Corporation of India (CCI) in the state, farmers are still facing difficulties as the rates are given according to the moisture content. After three months of the cotton season, the price of cotton in the market is not as per the expectations of the farmers. At the same time, CCI will reduce the rate and it will affect the market.
This year the guaranteed price of cotton is Rs 7,121 per quintal for medium yarn and Rs 7,521 per quintal for long yarn. On Tuesday, 95 quintals of cotton arrived at Amravati Krishi Upaj Bazar Samiti. Cotton got a minimum price of Rs 7,250 and a maximum of Rs 7,550 i.e. an average of Rs 7,400 per quintal.
CCI has cut the guaranteed price of cotton by Rs 10. Long yarn cotton is currently available at CCI centers for Rs 7,421. After the collapse of the Cotton Marketing Federation, cotton is now being purchased through CCI. Farmers initially preferred 'CCI' over the private market because cotton was purchased at Hamidara. 'CCI' gave a guarantee for the first picking of cotton. But now these rates have been reduced by a hundred rupees. At present, second picking cotton is coming in the market. The reason given is that the quantity of cotton in this cotton is less than that of the first picking.
Since an average of 38 kg of cotton comes out of one quintal of cotton and the price of cotton in the market is high, CCI has given a guaranteed price of Rs 7,512 for long thread cotton and Rs 7,121 for medium thread cotton in the first consignment. Since 34 to 35 kg of cotton comes out of one quintal of cotton in the second picking, the price has been reduced by Rs 20. Therefore, farmers are currently getting a rate of Rs 7,421 per quintal at the CCI center. As soon as CCI reduced the rates, farmers started turning towards the private market. Currently, purchases have started in the private market at guaranteed rates. But, if the arrivals increase, then the rates are likely to decrease.
