Thursday, September 11, 2008

Cotton export, bumper potato harvest

1. According to the International Cotton Advisory Committee (ICAC), the world cotton production is likely to fall. China has reduced its acreage for cotton cultivation and US and Pakistan are also set to report lower output. India, set to produce higher output will benefit from exports. Higher MSP (Rs 3000/quintal - 2,500/quintal) will also benefit farmers.

2. Bumper potato crop has become a curse for farmers instead of helping them. The prices have dropped down to Rs 350-400/quintal

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