Australia Cotton crop production on track for 2017-18

The cotton crop is giving a strong push towards Australia’s target of achieving around 4.0 million bales and bring in $2.5 billion to the nation. According to Cotton Australia CEO, Adam Kay, while yields were back from the records of the past couple of years, strong prices meant good returns for growers. The cotton crop is giving a strong push towards Australia’s target of achieving around 4.0 million bales and bring in $2.5 billion to the nation. According to Cotton Australia CEO, Adam Kay, while yields were back from the records of the past couple of years, strong prices meant good returns for growers. Irrigated yields are back to average yields. The last two years have been record-breaking and now they have backed off the records to an average of 10 to 11 bales/hectare rather than the 12b/ha earlier. Making up for that is prices have hovered in the $530-$550/bale for a month which is positive.

Most cotton still comes from the southern growing areas of New South Wales where the season is later than expected and production got impacted by moderate growing conditions. In the South, there were big hectares, but yields were off a bit from the last few years down to 9-10 bales/hectare rather than 11-12b/ha they have had. The dry land crop got impacted due to excess heat and lack of rain. Of the bales the industry will produce, 3.8 million will come from irrigated crops and around 300,000 from dry land.

 
Copyright 2017 Ptj.com.pk   Design: PTJ Graphics