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    Cotton Farmers In Turkey Ask The Government To Subsidize Cotton Seeds.

    2008/8/15 14:40:00 27

    Cotton Subsidies To Turkey

    According to Basri Z Z Oban, chairman of the national cotton Committee of Turkey, according to the domestic and foreign cotton prices and costs, the cotton seed price should be subsidized by 50 new lira YTL / kg.

    Last year, fertilizer prices rose by 100% and fuel prices rose by 30%.

    Cotton seeds should at least subsidize 50 new Turkey lira / kg in 2008.

    He said that the amount of subsidy in 2008 will determine the future of cotton production in Turkey.

    He said cotton is a plant material in the textile industry, and cotton plays an important role in Turkey and the world's agriculture and trade.

    Although cotton is a strategic product of Turkey, the output of cotton in Turkey is gradually decreasing.

    2007/08 the planting area decreased by 20% in the business year, and the planting area continued to decline in 2008/09.

    Without more public support, cotton will lose competitiveness.

    More than half of Turkey's cotton consumption needs to be resolved through imports. Since 2000, the import scale has increased by 2.5 times. The value of the new Turkey lira and the high production cost have forced the Turkey textile industry to gradually expand its import of cotton.

    Cotton imports will reach about 1 million tons this year.

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