Cotton prices fall as cotton farmers are forced to change their wheat

Last year, the cotton price experienced an unusual surge, which made the enthusiasm of farmers to grow cotton. However, after spending a lot of time and energy, the cotton farmers did not look forward to last year's event but waited for the acquisition. During the process, I heard the bad news about the fall in cotton prices.

According to the statistical data of Gaoqing Cotton Office, the cotton planting area in Gaoqing County this year increased by 42% from last year, but according to the estimated purchase price of 4 yuan/kg, compared to the highest purchase price of 7.2 yuan/kg last year, The price dropped by more than 44%. Farmers who have lost interest in cotton cultivation are pulling cotton and planting wheat, and the cotton production next year may be damaged.

Two Million Kilograms of Cotton to Be Acquired On November 1, the newspaper went to the home of Liu Letang, a villager in Liufang Village, Changjia Town, Gaoqing County. Liu Letang is a famous cotton planter in Gaoqing County. In addition to 10 mu rations, it also contracted 50 mu of cotton fields. Although the quality of cotton was affected by rain this year, the output did not decrease. Now, the 20,000 kilograms of seed cotton in his cotton field has basically been harvested, but customers who collected cotton in previous years failed to reach the deadline. “At this time last year, the whole village had already sold 1/3 of the cotton, and it was sold all year long before the Gregorian calendar. But till now, nobody has come to collect cotton.” Liu Letang said that in 2007, cotton sales were cold and he would Pull it to a private collection point in the town to sell it. But now the only collection point in the town has closed down. Liu is worried about where to sell the two thousand pounds of cotton if customers do not come.

At this time last year, the villagers of Liufang Village sold seed cotton at the highest price of 7.2 yuan/kg. Liu Letang and other large cotton farmers in the village benefited from it. Therefore, this spring, many villagers have changed their cotton on the land, or even the houses. The piecemeal space behind the former house has also become a small cotton field. According to the data provided by Gaoqing County's cotton-distribution subsidy, the newspaper reported that the area of ​​cotton planted in Gaoqing County this year was 92,354.849 mu, an increase of 27,368.519 mu over the previous year.

However, the price of cotton at 4 yuan/kg this year apparently made the villagers' expectations full of hope.

Farmers pulling cotton and planting wheat in the cotton market in the worrisome circumstances, Liufang Village villagers have pulled out the cottonwood, and replanted the wheat.

"Although the income of corn and wheat is about the same as that of a year's cotton, it does not delay the labor." Liu Letang introduced that cotton is a fine job, and workers need to be hired during pressing, frenzy, and picking, and they themselves and their wives. It is also spent on pests, weeding or fighting drugs throughout the year. “Now the labor force like me is working on the construction site for at least 150 yuan a day.” Taking into account the labor cost, Liu Letang will plant 30 mu of wheat on 60 acres this year, leaving only half as cotton fields.

In the entire Liufang Village, almost all of the land that can grow wheat has been sown with wheat.

In fact, as early as May of this year, the price of seed cotton has plummeted from a high level to about 4.4 yuan/kg, and many cotton farmers have lost money to sell cotton. The large cotton price jumped frustrated the villagers who planted the cotton. The work of “fighting for cotton” that was supposed to be carried out in early April next year was already completed when the cotton was harvested, in order to free up the land and grow wheat.

It is not just the cotton farmers that are hurting the plight of the cotton processing companies. The cotton processing companies in Gaoqing County have had a hard time at a time when cotton prices have been declining.

Gao Qing, the largest person in charge of lint cotton, said that at present the factory only purchases some seed cotton from Zhanhua and Lijin, and has not yet acquired it from Gaoqing. The purchase price of seed cotton sent to the factory is 4.1 yuan to 4.2 yuan. "Now the lint price is not good, the third grade lint is 19,500 yuan/ton, the fourth grade lint is 18,700/ton, and the kim seed is processed 0.38 pound lint. The market may lose money if it changes slightly." The responsible person also revealed that Gao Qing is currently in charge. Only he and another textile mill were acquiring seed cotton, and the lint processed was only acquired by large textile companies such as Weiqiao Textile, but sales and prices were not satisfactory.

Regarding the ups and downs of cotton prices, Sun Liwu, an analyst at Zhuo Chuang Information Cotton, believes that the international market, especially in Europe and the United States, has experienced a sluggish economy, which has led to a reduction in the downstream demand for cotton, and the slump in domestic textile companies has also led to a substantial reduction in cotton's rigid demand. . Last year's skyrocketing prices made the market begin to favor fiber products as a substitute, which will further affect the demand for cotton.

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