What Is "Negative" Of Cotton Farmers In Hunan And Hubei?

"The output is not good, the purchase price is low, the cotton income this year is not high, and the tail flower can not be finished but only rotten in the ground."

A farmer picking cotton seeds in Jinhua village, Gongan County, Hubei, told reporters on the futures daily that last year, one mu of cotton planted locally could earn more than 3000 yuan, and it would be good to earn 2000 yuan this year.

During the recent visit to two provinces in Hubei and Hunan, reporters found that many of the cotton fields that should have entered the ending stage of harvesting were still white flowers, and many of them had not been picked yet.

Some farmers simply turn the cotton fields with plenty of tail flowers directly into wheat or rape.

It is also understood that the cotton mill is generally worried that the cotton prices will continue to fall in the late period, and the purchase intention is not strong, and the seed cotton purchase price is far lower than the cotton farmers' expectations, which will cause cotton farmers to sell. Many cotton farmers in Hubei and Hunan are backlog.

"Over 20 cotton ginning plants in the northern cotton growing areas in northern Hunan have stopped buying seed cotton, while the sale of Hubei seed cotton is better than that in Hunan Province, but there are still a lot of seed cotton in the cotton producers in the producing areas."

Pan Mingkun, a futures analyst at Hubei Baiyin cotton industry group, told reporters that the price of early purchase of seed cotton in some cotton ginning plants in Hunan province was high, making the cost of lint cotton generally reaching 14000 yuan / ton. The downstream textile enterprises did not recognize the price.

In early November, the departments concerned identified the mainland.

The scope is Shandong, Hubei, Hunan, Hebei, Jiangsu, Anhui, Henan, Jiangxi and Gansu 9 provinces. The subsidy standard of this year is 2000 yuan / ton. The subsidy standard of the following year is based on 60% of Xinjiang subsidy, the upper limit is not more than 2000 yuan / ton.

It is decided by provinces independently that it can be subsidized by area or by output.

Although the subsidy policy has been introduced, cotton farmers have already picked and sold some seed cotton, making it difficult to make statistics on the basis of area or production subsidies.

Therefore, the Cotton Subsidy regulations in the mainland have not been announced yet. This is also one of the main reasons for the nearly halting of the purchase and sale of seed cotton and lint.

Pan Mingkun said that many cotton farmers and ginning mills in Hubei and Hunan are waiting for the subsidy rules to be issued. It is expected that cotton farmers will be able to sell a large number of cotton cotton after the subsidy rules are introduced.

When talking with some cotton growers, reporters also learned that most cotton growers were reluctant to sell cotton seeds in the hope of increasing their income later.

A large Hubei Province

The sales director of the sales company said that because of the worry that the cotton prices in the future market continued to fall, the company currently has only more than 400 tons of lint inventory, which is at a relatively low level compared with previous years.

At the same time, the company's processing plant will immediately process cotton lint and purchase the cotton seed quickly, and avoid the risk of further decline in lint prices.

It is understood that the current cotton farmers in Hubei province seed cotton sales progress of 60% - 70%.

At present, the purchase price of seed cotton in two provinces of Hubei and Hunan is about 3.15 yuan / Jin, which is similar to the current seed cotton purchase price in Xinjiang.

Due to the decline of cotton quality after the frost, the purchase of ginning plants and traders tended to be cautious. The purchase price of seed cotton in Xinjiang has declined recently.