Moreover, the differences in projected cotton crop and actual arrivals in the market are not being considered before cotton export is cleared. Sisspa president R Kuppusamy said in a statement that cotton export decisions were being made without assessing the availability of cotton stocks in the country. The association said the textile industry faced problems such as mounting yarn stocks, falling yarn prices and sliding exports due to rupee-dollar volatility. Middlemen were creating an...

The cotton market s response has been to give the best cotton prices in several years, and while those prices are not historically stellar, they are the best in recent history, Anderson said. That s already beginning to impact some aspects of the cotton markets, such as cotton gins. The reduction in acreage in other crops has caused everyone to adjust their expectations for future supply of those crops, thus driving up their expected value, Anderson said. We ve seen a huge reduction in...

Cotton prices on the futures markets have improved in recent weeks, buoyed in part by stronger-than-expected cotton sales and a recognition that acreage would be down, he said. And as we move into next year, we may see cotton acreage up a bit, because prices are beginning to come up a bit, but soybeans and wheat also have good prices, and farmers will be looking to switch some acres there," he said. Louisiana farmers planted about half as many cotton acres as last year, and their fewest in...

NAGPUR: Textile industry and private players exporting quality organic cotton have shown growing interest in contract farming to bail out Vidarbha farmers. To make matters worse, the pay made by the state government under the monopoly cotton scheme is decreasing and open market rates of cotton have seen a decline. As a result over 73,000 hectares of land in western Vidarbha's most distressed districts will see contract farming this year giving a handsome deal to farmers. During the past...

Organic cotton, currently, makes up a minuscule share in the total cotton production. However, industry experts believe that there is a huge potential for increasing the organic cotton production. Rising enquiries from international brands are likely to more than double the global production of organic cotton in the next two years. He further added that the country should grow more of organic cotton and be the first choice as supplier for the growing markets. If textiles firms want to go...

Cotton is by far Alabama's largest agricultural export, but like most of the state's agriculture, it is being decimated by the drought. Dry parts of the mid-South and south east have led to a drop of 1.3 million bales in the nation's cotton production from last month, according to projections re leased Thursday by the U. While the drought is damaging Alaba ma's cotton crops, other cotton produc ing states are getting too much rain. Meanwhile, parts of Oklahoma and Texas, the nation's...