Categories: Stories

Cotton worries

The recent increase in the producer price of cotton coupled with the fact that the Cotton Marketing Board itself has become one of the first agricultural parastatals to operate at a profit should be encouraging news to all farmers though this will obviously be dampened by the uncertain future due to the current drought.

Seed cotton deliveries are expected to fall to about 99 0 tonnes, less than half of last year’s harvest which in itself was considered poor.

Although 60 percent of the crop is now produced by communal farmers this dropped to 55 percent last year and this, experts say, indicates that even communal farmers had begun to lose interest in the crop because of the poor producer price.

Cotton production has steadily been on the increase until 1989 when it began to decline drastically. Previous projections indicated that Zimbabwe should have been producing more than 425 00 tonnes (almost five times what it actually produced) now.

(28 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024