The minimum support price (MSP) for long staple is Rs 7,020 per quintal.
There is joy for cotton growers as from the first harvest of the crop they are getting more than the Minimum Support Price (MSP) in the cotton belt of Punjab so far. However, all the buyers are private players as the Cotton Corporation of India (CCI) has not yet purchased anything from the mandis.
On Wednesday, cotton rates in the mandis of Fazilka, Muktsar, Bathinda and Mansa were between Rs 7,400 and Rs 7,600 per quintal against the MSP of medium-sized cotton at Rs 6,620 per quintal, while in the neighboring Ganganagar district of Rajasthan the price was Rs 8,000 per quintal. It was more than a quintal.
“There is a threat of pink bollworm but it is under control now. Therefore, the first picking of cotton has received a good response. We hope that in future also the crop will be protected from pest attack and the rate will further increase,” said Gurmeet Singh Cheema, chief agriculture officer, Fazilka, while speaking to The Indian Express.
It is noteworthy that the area under cotton in Punjab has significantly reduced to 1.75 lakh hectares as compared to 2.48 lakh hectares last year and hence, the production on the basis of area under cotton cultivation will ultimately be less. Bathinda, Mansa, Muktsar and Fazilka are the major cotton growing districts which grow about 95% of the cotton in the state. A portion of this cash crop is also grown in Faridkot, Barnala, Sangrur and Moga.
“Where crops have been affected by pink caterpillar, farmers are using sprays. The first picking of cotton has just taken place. We hope the second, third and fourth choices will be equally good.”
So far, about 30,000 quintals of the crop have arrived in the markets of the cotton belt. The arrival of cotton started from the last week of August and it is likely to be procured in the coming fortnight.
“In the initial days, some cotton stock was even sold at Rs 6,400 per quintal, but eventually the prices improved,” said Jaswinder Singh, arhtiya (middleman) of Abohar cotton market. Jetinder Mohan Garg, president of the Kachcha Arhtiya Association of Bareta Mandi, said the rate for the medium staple in Mansa's Bareta Mandi on Wednesday was Rs 7,400 per quintal.
Mansa Chief Agriculture Officer Dilbag Singh said, “This year the area under cotton was 25,890 hectares and so far around 10,000 quintals of cotton has arrived in the markets. At present the rates are satisfactory.
Hasan Singh said, in Muktsar, the total arrival of cotton this season is around 3,500 quintals as the area under cotton has reduced significantly, while in Bathinda, around 7,600 quintals of cotton has reached the mandis in the first harvest, whereas last year it was 3,500. It was quintal. , Chief Agriculture Officer, Bathinda.
Cotton rates in Muktsar mandis were between Rs 7,400 and Rs 7,570 per quintal, while in Abohar and Fazilka rates were between Rs 7,400 and Rs 7,600 per quintal, a mandi board official said. Fazilka has the highest area under cotton at 92,000 hectares.
“Cotton was sold at Rs 8,005 per quintal in the mandis of Ganganagar. Ganganagar of Rajasthan is the neighboring city of Abohar. But, till now farmers are selling only in the mandis of Punjab,” said Darshan Singh of Gidranwali village (Abohar). “If pink bollworm is kept away, or controlled by spray, cotton prices can reach Rs 10,000 per quintal this season,” said Jatinder Mohan Garg.
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