Zimbabwe: Farmers deliver 46 million kilogrammes of seed cotton valued at over US$13, 8 million

Published 2022년 8월 9일

Tridge summary

The article provides an overview of the 2022 cotton marketing season in Zimbabwe, highlighting the achievements and challenges faced by farmers and stakeholders. According to the Agriculture Marketing Authority and the Cotton Ginners Association, the season has seen the sale of 46 million kilogrammes of seed cotton, with expectations to reach 60 million kilogrammes, a 56% drop from the previous year's production due to late rains and early cold temperatures. This drop has not diminished the global demand for Zimbabwean seed cotton, known for its high quality produced by smallholder communal farmers under contract arrangements with ginners like Cottco. The article also touches on the liquidity challenges faced by ginners and the need for timely export permits to facilitate loan repayments and efficient marketing of the cotton lint. Despite these challenges, there is optimism for increased production in the 2022/23 season due to the Government's strategic interventions and initiatives, underscoring the importance of cotton as a key crop in Zimbabwe, particularly in drought-prone areas.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Edgar Vhera — WITH the 2022 cotton marketing season drawing to a close, statistics availed by the Agriculture Marketing Authority (AMA) show that farmers had sold 46 million kilogrammes of seed cotton valued at over US$13, 8 million as of August 2, 2022. In an interview recently, AMA chief executive officer Mr Clever Isaya said the cotton marketing season was progressing well with the country now expecting anything between 55 and 60 million kilogrammes. "This season we were expecting 60 million kilogrammes of the white gold but the cotton industry has so far bought 46 million kilogrammes. "We hope mop up sales will allow the figure to grow to the projected 60 million or slightly below," said Mr Isaya. Cotton Ginners Association (CGA) acting chairman, Mr Caos Nzenze concurred with Mr Isaya saying the whole cotton industry had bought over 60 percent of seed cotton produced last season. "The cotton marketing season is going on well, though here and there we encountered some liquidity ...
Source: All Africa

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