Categories: Stories

Zimbabwe to boost cotton production, plans to put 400 000ha under the crop

Zimbabwe has pegged the price of cotton at 45 cents for the 2016/7 season and plans to plant 400 000 hectares of cotton in the coming season, Agriculture Minister Joseph Made has said.

The price of cotton has previously sparked outrage after merchants offered to pay 30 cents per kilogramme, but Made told reporters in Harare that the new price would also be supplemented by a yet to be determined bonus.

“The price at which government will be purchasing, even though it hasn’t been finalized, will be no less than 0.45 cents per kilogramme, plus the bonus that will be paid as and when the cotton would be sold in terms of cotton lint, stock feeds, cotton cake,” said Made.

“Our target is to reach 400 000 hectares to be planted in the coming season,” he added, saying there were plans that all cotton grown under government support would be marketed through the Cotton Company of Zimbabwe.

“The Cotton Company of Zimbabwe will be buying all the cotton that was supported by government across the country. The cotton crop will be looked at with the same importance as the tobacco crop,” he added.

Cotton output has been declining in Zimbabwe due to the low prices that have seen farmers resort to tobacco, which fetches better prices at the auction floors.

Other farmers had recently restricted themselves to planting food crops instead of cotton, which is labour intensive.

Cotton production declined by 34 percent from 136 000 tonnes in the 2013/14 season to 90 000 tonnes in the 2014/15 season due to drought.

This was the second lowest crop after 60 000 tonnes harvested in the 1991/92 season, also due to a severe drought.

The area planted with cotton seed in the 2014/15 was estimated at 190 000 hectares, a 24 percent decrease from the 250 000 hectares planted in the 2013/14 season.- The Source

(58 VIEWS)

This post was last modified on %s = human-readable time difference 7:15 am

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 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

The Zimbabwe government and not saboteurs sabotaging ZiG

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…

October 20, 2024

The Zimbabwe Gold will regain its value if the government does this…

Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…

October 16, 2024