BR100 Increased By (1.73%)
BR30 Increased By (1.95%)
KSE100 Increased By (1.89%)
KSE30 Increased By (1.95%)
BECO 5.71 No Change ▼ 0.00 (0%)
BML 58.71 Decreased By ▼ -0.96 (-1.61%)
BOP 36.38 Increased By ▲ 0.65 (1.82%)
CNERGY 8.33 Increased By ▲ 0.05 (0.6%)
DCL 11.86 Decreased By ▼ -0.27 (-2.23%)
FCCL 57.51 Increased By ▲ 0.12 (0.21%)
FCSC 5.42 Decreased By ▼ -0.10 (-1.81%)
FFL 18.06 Increased By ▲ 0.03 (0.17%)
FNEL 1.34 Decreased By ▼ -0.01 (-0.74%)
HUMNL 11.67 Increased By ▲ 0.01 (0.09%)
KEL 8.14 Increased By ▲ 0.07 (0.87%)
KOSM 6.06 Decreased By ▼ -0.20 (-3.19%)
MLCF 97.67 Decreased By ▼ -0.46 (-0.47%)
NBP 206.61 Increased By ▲ 8.28 (4.17%)
PACE 11.76 Decreased By ▼ -0.01 (-0.08%)
PAEL 43.56 Increased By ▲ 0.47 (1.09%)
PIAHCLA 27.95 Increased By ▲ 0.60 (2.19%)
PIBTL 18.35 Increased By ▲ 0.39 (2.17%)
PPL 238.89 Increased By ▲ 6.11 (2.62%)
PRL 36.27 Increased By ▲ 0.58 (1.63%)
PTC 67.99 Increased By ▲ 0.41 (0.61%)
SEARL 98.00 Increased By ▲ 3.72 (3.95%)
SSGC 30.43 Increased By ▲ 2.77 (10.01%)
TELE 9.54 Increased By ▲ 0.35 (3.81%)
THCCL 68.69 Decreased By ▼ -1.90 (-2.69%)
TPLP 11.27 Decreased By ▼ -0.10 (-0.88%)
TREET 26.25 Increased By ▲ 0.83 (3.27%)
TRG 70.42 Increased By ▲ 1.57 (2.28%)
WAVES 11.40 Increased By ▲ 0.15 (1.33%)
WTL 1.29 No Change ▼ 0.00 (0%)

Cotton production for year 2016-17 ended with a total output rising by 10 percent to 10.7 million bales, said Cotton Ginners Forum. Cotton production appreciated from last year's level of 9.7 million bales, but the production was higher because during 2015-16 fiscal year registered a massive shortfall of 34 percent a year ago. The cotton production has not shown sign of any significant improvement.
During the next fiscal year, the Federal Cotton Committee set a target of 14.4 million bales, which according to Ahsanul Haq, chairman Cotton Ginners Forum appeared to be unachievable. Because of couple of factors, the target won't be achieved, as the farmers are facing acute water shortages both in Punjab and Sindh.
Moreover, he said Punjab government asked farmers to sow cotton from April 15, which forced the farmers to grow sun flower and Maize as they could kept the land barren. However, after repeated suggestion and recommendation date was revised to April 1, but the decision came late as farmers have already harvested several other minor crops.
"For several years, the Federal Cotton Committee sets target of 14 million bales, but whenever first meeting of Cotton Assessment Committee held, the target trimmed by one million bales, so it is difficult to estimate but the cotton production may range between 10 to 11 million bales in 2017-18," said a cotton analyst.

Comments

Comments are closed for this article.