Cotton: Additional XOF35/kg will be paid to farmers for the 2018/19 season

Agriculture
Tuesday, 28 May 2019 16:31
Cotton: Additional XOF35/kg will be paid to farmers for the 2018/19 season

(Togo First) - For the new cotton campaign launched last Thursday in Kara, Togo eyes an output of 150,000 tons after it barely missed its forecast for the recently ended season (140,000 tons).

In 2018/19, the country produced 137,255 tons of cotton for a yield of 764 kg/ha, up 17% compared to the season before.

Over the past season, nearly XOF24 billion were paid to farmers based on prices set at the beginning of the campaign. Moreover, an additional XOF35 will be paid to farmers per kg sold, thus bringing sales price during the period to XOF285, against XOF250 set initially.

However, first-choice yield will be purchased at a fixed price of XOF265 a kg.

To produce the forecasted 150,000 tons of cotton, 180,000 ha should be cultivated.

To encourage farmers, prices of fertilizers will be further decreased, on State subsidy.

Let’s recall that by 2022, Togo intends to produce 200,000 tons of cotton.

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