Nagpur: Anup Chavan in Bods Bodhan Yavatmal Village has planted cotton in 25 hectares of this season.
With the price of raw cotton touching the highest of all time more than RS 8,000 Quintal, Chavan said he would only be able to break-even.
Bod Bodhan is also famous for suicide.
Together with other farmers he planned to protest against the delay in payment of the compensation for the state of the state of the loss due to rain.
This trend also left a confused trader.
High thread requests because of hidden requests for clothing are quoted as reasons for high cotton prices.
Traders also show speculation in the international market as a reason, fear of correction.
In the midst of madness, farmers in Vidarbha said the high record could not bring Bonanza for them.
Expanded rain has reduced the results.
So, if international factors have pushed tariffs for cotton, the main plant of the region, it can only save farmers from other crises, the source said.
Chavan said he hoped to produce no more than 3 quintals a hectare of his 25 hectare agriculture.
At Rs 8,000 Quintal, he stood up to get RS 24,000 from each Acre, enough to cover expenses.
Last year he produced 10 quintals from the hectare.
Selling at Rs 5,800 / Quintal gets it Rs 58,000.
“The results of soybean are higher but the rates are moderate,” he said.
Chavan said he hoped to harvest about 10 soothaabean quarter than 15 hectares.
The tariff is at the RS 3,500 Quintal, he said.
He is waiting for prices to improve and hold on to stock.
However, the clean results of cotton and soybean were not too encouraging, he said.
Ganesh nanote from Nimbarna village in Akola said the results had dropped to 6 quintals like 10 years ago.
A high level will only make it a few thousand more.
Soyabean is better this year and he hopes that the net income from plants may be higher by RS 5,000 a hectare.
However, this final calculation is equal to 2020, he said.
Arun sexhasria from M / S DD Cotton, an export company, said the increase in cotton prices had been purely triggered by speculation.
There are not many export requests for commodities.
Vinay box, ginning box director and pressing Mumbai, said the rally was caused by a mixture of speculation and fundamentals.
There are reports of Pent Up requests after Covid.
There is also an increase in fund-based purchases on the stock exchange.
Request resistance has been made because the high price and correction seems to be a veteran agricultural activist that will soon occur, Vijay Jawandhia said the cotton racing rate in India almost separated from the international level.
This overrides competitive advantage for export.
Back in Yavatmal, Sahebrao Pawar said the cotton results were too little to last long.
Even the cost of cotton shooting has risen.