Cotton sector divided over prospects of higher acreage
April 07, 2021
Area may drop 2% as farmers may switch over to other crops: USDA
The cotton sector is split over its view on the prospects for the fibre crop next crop year (July 2021-June 2022) with a section saying that the area under the crop might increase, while the other expressing pessimism over the prospects of a higher acreage.
This is despite growers getting higher than minimum support price (MSP) for most part of the current season and States such as Telangana declaring their intention to bring more acreage under the fibre crop.
“The area under cotton will increase next season since the