Cotton Crop in Top Grower Seen at 3-Year High on Local Price
- Farmers shifting to the fiber as it may offer better returns
- Area under cotton seen rising by 10 percent from a year ago
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Cotton output in India, the world’s biggest grower, may increase to a three-year high as some farmers plant more of the fiber on better returns compared to other crops.
Production will probably climb to 37.5 million to 38 million bales in the harvesting season starting Oct. 1, from 34.1 million bales a year earlier if the monsoon is normal in main growing areas, said Nayan Mirani, president of the Cotton Association of India. That would mean the biggest crop since 2014-15, when the harvest was 38.7 million bales, data from the association show. A bale weighs 170 kilograms (375 pounds).