Cotton Price Fluctuation Affects Cotton Planting Intention

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Price fluctuation affects cotton planting intention

Cotton prices have climbed all the way since listing this year, higher than other agricultural products.

Shandong, Hebei and other places seed cotton purchase price up to 15 yuan / kg, the Yangtze River Basin provinces and cities cotton prices also rose to 14.2 - 14.4 yuan / kg.

Most cotton farmers reflect the good price of cotton. Although the yield per unit area is not affected by weather conditions, the yield is good, and the enthusiasm for planting cotton in the coming year is high.

After November 10th, the purchase price of seed cotton had a turning point, down 2 yuan / kg in a week, and the work of cotton trading was basically stagnant.

Most of the cotton farmers in the Yangtze River Basin were sold at that time, but no one wanted to sell them after the price was cut. A few of them bought too much, and cotton farmers did not rush to use the money. Generally, they did not want to sell. In the the Yellow River River Basin, there were people who had no money to sell, but when the prices were high, they did not sell.

The sharp rise and fall of prices has made cotton farmers more confused.

In addition, the price of agricultural materials and labor costs increased, compared with other agricultural products. The purchase price and planting cost are the main reasons for the slight increase in cotton planting next year.

Cotton planting intention increased slightly

According to the weighted average data of cotton farmers surveyed, the cotton planting area in the Yangtze River Basin continued to increase in 2011, with an expected increase of 11.7%. The enthusiasm of cotton growers in the the Yellow River river basin is not high, and is expected to increase by 4.9%.

The cotton planting in the Yangtze River Valley is late this year, and the growth period is delayed. Affected by weather conditions, cotton is affected to varying degrees.

As of November 15th, the cotton picking rate was only over 7.

In the middle of November, there were still more cotton bolls on the cotton plant. The weather conditions in the late period were better, cotton production was increased and the yield increased.

Cotton growers are more active in planting cotton in the coming year. The number of households preparing to increase their area accounts for 38.4% of the total number of households surveyed. Cotton growing areas in Jiangxi, Hubei and Jiangsu have increased by more than 12%.

Although this year's cotton purchase price is better, 20% of the farmers are still in a wait-and-see state, especially in the middle and late 11 months, which makes cotton farmers feel the risk of planting cotton, and they are hesitant about the area arrangement.

In addition, 34.2% of the farmers kept the planting area unchanged, and 7.5% of the farmers were prepared to reduce cotton planting area.

As of November 15th, the cotton picking rate in the the Yellow River River Basin has exceeded 9.

The cotton farmers in the valley have the habit of storing cotton. When the cotton price is high, cotton farmers are reluctant to sell. Most of them do not sell, and the sales progress is only about 4.

In the later stage, cotton quality improved, but cotton prices were down. Cotton farmers could not sell "good prices" with good cotton, the psychological gap was bigger, and the enthusiasm for cotton planting in the coming year was not high.

Nearly half of the cotton farmers surveyed said that the cotton planting area remained unchanged this year, and only 24.2% of cotton growers were prepared to increase their cotton planting area.

In addition, Shandong, Henan, Hebei and other major cotton areas in the critical period of cotton boll opening and bolting are suffering from heavy rain, light rain and flooding. Cotton has been severely affected, and cotton farmers have lost a lot of cotton crops and lost enthusiasm for planting cotton. 16.8% of cotton farmers are ready to continue to reduce cotton planting area, and nearly 10% of cotton farmers are still on the sidelines.