Hebei Cotton Planting Proceeds For The First Time Negative Growth

Hou Qin, a big cotton grower in Chengpeng village, Chengguan Town, Chengan County, told the author that cotton merchants began to buy new cotton in October, and cotton growers began to sell them in large quantities. Cotton was sold out in early December, but in 2008, when the new cotton was listed, the acquisition company had been a sporadic acquisition, and the purchase price fell all the way, and now no 4.2 yuan per kilogram of seed cotton has been accepted.

Many cotton is still in the hands of cotton growers.

According to the provincial price and cost investigation and Supervision Bureau, 117 farmers surveyed in 5 cotton producing cities in Handan, Xingtai, Hengshui, Cangzhou and Shijiazhuang in Hebei province showed that in 2008, the average yield of lint cotton in Hebei province was 80.10 kg (214.5 kg), an increase of 3.6% over the previous year.

Since the cost of planting has risen sharply and the purchasing price has continued to decline, the average price of seed cotton is 5.2 yuan / kg to 4.2 yuan / kg, and the average cotton price is 509.01 yuan /50 kg, down 24% from the same period last year.

The historical profit of planting profit is negative, and net profit of Mu is minus 14 yuan, which is 482 yuan lower than that of 468 yuan last year.

Originally thought that in 2008 cotton can increase more revenue, I did not expect the cotton purchase price fell so much that no one is willing to accept.

Hou Qin said that when the cotton market was launched in 2007, the three major cotton spinning groups in the county were rushing to buy it. Less than two months later, 30 mu of cotton in his family were sold out, and the net income was 30 thousand yuan (excluding land cost and part labor cost).

It's going to be new year's day. When he's waiting for money, he has to lose his money and sell more than 7000 kilograms of seed cotton.

At present, the purchase price of cotton in two counties is around 4.2 yuan per kilogram, which is 2.2 yuan lower than that in the same period of 2007.

However, due to the downturn in the downstream textile industry, 07/08 cotton has been seriously unsalable for the year.

In the year of 08/09, the price trend of "going higher and lower" and falling all the way also caused cotton merchants to pay more and compensate more, but less.

But with the further downturn of the cotton market prices, some cotton farmers have to accept lower prices now.

From the perspective of Hebei Province, the overall situation of the textile industry has worsened since 2008, the growth rate has slowed down, the profitability of the main industry has dropped significantly, the amount of corporate losses has increased significantly, and the number of enterprises stopping production and semi stop production has been increasing. Since 2007, 61 enterprises have been shut down (10 of them have been closed, and 51 have been closed down).

In order to give full play to the guiding role of price signals, the minimum purchase price or target price policy of cotton should be announced as early as possible so that cotton farmers can be prepared.

At the same time, we should treat cotton as a comprehensive subsidy to increase the total amount of agricultural products.