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Australia's Cotton Production to Climb

03 October 2011

AUSTRALIA - Released earlier this month, the Australian Bureau of Agriculture and Resource Economics and Sciences agricultural commodities report predicted figures for cotton production to increase by as much as 32 per cent while wheat production is also set to go up by 23 per cent.

According to The Chronical, this is good news for cotton growers looking to recover their losses after floods destroyed much of their last crop.

"Looking at the same time last year, we're in a better position this year," said Stuart Armitage, president of the Darling Downs Cotton Growers Association. "We've got full profile in our soil, ring tanks are full and every dam is full."

With the planting window looming on October 15, Mr Armitage said conditions have so far been ideal for a solid start.

"Everything is pointing to a really good season. They are however, talking about the chance of floods again - but we'll just take that in our stride if it happens," Mr Armitage said.

The price of cotton is also holding up well at just over $500 per bail this week, while rain is predicted for next week.

But National Farmers Federation economics committee chair John McKillop said even though the overall picture was positive, variability and fluctuations would always be part of the farming business.

"Farmers are also still facing other challenges, like the strong Australian dollar, which has fallen slightly this week but still remains a hurdle for export-reliant agricultural industries and farmers," he said.

TheCropSite News Desk



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