The expansion of cotton cultivation areas in Turkey is a positive development, yet shortages could occur due to the imbalance caused by the sharp increase, according to sectoral representatives. Recent price hikes in cotton due to shrinking production in India and Pakistan, as well as falling cotton stocks of the United States, the world’s biggest exporter, has the potential to reverse a trend in which large numbers of cotton cultivation areas in Turkey were converted into land for corn due to the previously higher price of that commodity, Mutlu Doğru, head of a farmers’ union in the Mediterranean province of Adana, told Anatolia news agency last week.
(Source: http://www.balkans.com/open-news.php?uniquenumber=98180)
Posts
0 comments