Is The Purchase Price Of New Cotton 3 Yuan / Jin The Expected Value Of Cotton Farmers?

At the moment, it is the new cotton market in China. The price of new cotton is not high because of the big diving of spot price. Recently, according to the cotton purchase market survey, there are mainland cotton farmers said, "this year the purchase price of new cotton reached 2.50-3.00 yuan / kg is satisfied."

As we all know, the cotton area in the mainland has experienced a sharp decline. The main reason is that the comparative efficiency of production is too low. If the cotton price is estimated at 3 yuan / Jin this year, the gross profit of 200 kilograms per mu yield seed cotton is 1200 yuan, minus the cost of 750 yuan / mu (excluding land contract fee), and the wage income per mu is 450 yuan. If a middle-aged rural couple grows 10 mu of cotton a year, under the condition of low level of mechanization of cotton production, only 4500 yuan of cotton planting income will be paid in a year. A middle-aged male laborer went to work in the city to earn 200-300 yuan / day, compared with the cotton planting income. Farmers naturally tend to work in cities. More importantly, in this year's year, the probability of new cotton purchase price is still very low, and it will be a trend of low opening and low going. Even the hope value of 2.50-3.00/ Jin may not be realized.

It is reported that the area of cotton planting in Jiangsu has dropped from 67 million mu at the peak to tens of thousands of acres, but the developed textile industry still occupies the key economic share. Because the locals do not grow or grow less, although the current cotton prices have fallen sharply, they do not face up to cotton growers. "Holding cotton for sale, waiting for the price to sell, sitting and watching the cotton market and acting in a timely manner" are the psychological characteristics of most of the cotton farmers in the mainland this year.