Carif season is over, but the price of cotton has improved due to the increase in the price of Sarki (cotton seeds). Last week, Sarki’s price increased from Rs 300 to 400 per Quantile, which jumped on the market price of cotton. Currently, the price of cotton has reached Rs 7400 to Rs 7500 per Quee. However, most farmers have sold their cotton so that only 10 percent of cotton is with them.
74 lakh lumps buy cotton
So far, about 74 lakhs have been purchased in the cotton state. In November-December, farmers sold a large amount of cotton, and then prices were lower. Now the increased prices of Sarki have a direct impact on cotton prices, but only a few farmers will get its benefits because they have very little cotton.
Waiting for a higher price
During this Carif season, the middle thread cotton is Rs. However, many farmers do not even get this favorable price. When farmers sold their cotton in October-November, the price of the market was relatively lower. Cotton prices have also increased due to the increase in prices of Sarki, and most farmers are not only cotton to sell.
CCI has purchased 1 crore knots
So far, 260 to 270 lakh pales have been purchased across the country. Of this, Cotton Corporation of India (CCI) has purchased about 1 crore bales. Market experts believe that due to this aggressive purchase of the CCI, cotton in the open market has declined, which has increased prices.
Farmers say
According to agricultural expert Rajkumar Rukanda, the increase in the price of Sarki is usually in April-May, but this time cotton in the market has declined due to large quantities of cotton. Due to the low availability of cotton, Sarki’s distribution has been reduced, with its price increased by Rs 200 to 300 per Quantile. Rukanda believes that 10 percent of the cotton with farmers can now sell at the best price, as prices in the market may rise further.
The response of the peasantry
Kishan Gopal Bohre, a resident of Akola district, says that when the farmers have too much cotton, prices have not increased. “Now the farmers have only 10-15% cotton. Prices have increased. However, the current prices are not enough for the farmers. Cotton prices must have been 8000 to 9000 rupees per quintal, so farmers can get the real benefits.”
Will farmers benefit from increased prices?
According to experts, farmers with cotton remains can benefit from it. Cotton prices can lead to further prices in cotton prices. However, most farmers have already sold cotton, so only 10 percent of cotton can use increased prices.
Overall, the increase in Sarki’s price has improved the market prices of cotton, but most farmers will benefit from it as most farmers have already sold their produce at a lower price.
(Takestotranslate)
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