Xinjiang: Subsidies To Start Issuing Cotton Farmers Income Guaranteed

Since the end of November, the Xinjiang corps, including one agricultural division and five agricultural divisions, has issued a circular notice on target price subsidies in 2019. According to the content of the document, the first batch of subsidies granted by the regiment was mostly 1.093 yuan / kg. Compared with the previous year, the first target price pre subsidy of Nong Yi division and other Corps area was around 0.7 yuan / kg, and the total subsidy amounted to 1.34 yuan / kg in that year. According to the amount of pre subsidy this year, it is estimated that the total amount of Cotton Subsidy in 2019 is much higher than that in the previous year.

According to statistics, the cost of cotton planting in Xinjiang area has increased this year, mainly due to the increase of land contract fees, labor costs and water resources fees, making cotton growers' cotton planting cost move up slightly. The sale price of seed cotton is much lower than that of last year, and the price of machine picked cotton in Northern Xinjiang is only about 4.5 yuan / kg, which is nearly 1.5 yuan / kg lower than that of last year. Although the price of seed cotton has risen in the late stage, the highest price of seed cotton is still exceeded 6 yuan / kg this year.

For cotton farmers, in addition to planting costs, whether the planting cost is increased or not, the next most important thing is cotton seed price and cotton output. As a result of the reduction of production in some areas this year, cotton farmers' gross income has declined sharply compared with last year. Taking machine picked cotton as an example, according to the feedback of the medium-sized cotton farmers in the lease area, the cost of planting is about 1700 yuan per mu, and the average price of seed cotton is 5.05 yuan / kg. The average yield per mu is calculated by 350 kilograms, and the gross income is 1767.5 yuan per mu before the subsidy is obtained, and the income is only 67.5 yuan / mu. According to the actual sales progress this year, cotton farmers who sell less than 5.05 yuan / kg are facing losses. Therefore, the target price subsidy has once again become an important guarantee for the cotton farmers' income.

Recently, various divisions in the territory are actively counting and calculating the specific payment and implementation funds. Some cotton farmers have already got the prepaid subsidy, which is a timely help for some cotton growers who need to prepare agricultural materials and repay loans in advance. 2019 is the year of target price reform and the last 3 years since 2014. In recent years, the implementation of Xinjiang's target price reform has also been expanding the "futures + insurance" pilot scheme, adding a barrier to the income of cotton farmers. As for how the target price will be implemented next year, it has become a hot topic for the industry. It has been less than a month since 2020. It is believed that the relevant policies will be implemented soon.