Side marketing, viability challenges to dominate cotton indaba

Harare Bureau
COTTON side marketing and viability challenges are likely to dominate discussions when stakeholders meet today to deliberate on issues affecting the sector.
The indaba, co-ordinated by the Agricultural Marketing Authority, comes at a time when significantly lower than projected cotton production is expected this year.
Preliminary figures obtained from the Cotton Ginners Association indicate that output could be as low as 145 000 tonnes, from the initial forecast of 250 000 tonnes. This would be 58 percent lower the 2011/12 production of 347 000 tonnes.

The CGA said lower output was due to poor grower viability which resulted in poor harvests while some farmers shifted to better rewarding crops such as tobacco

Also compounding the dire situation is the possibility that cotton merchants may significantly cut funding to farmers after losing substantial volumes to side marketing.

The bulk of Zimbabwe’s cotton is grown under contract schemes. They were introduced when farmers were failing to access finance from the banks due to lack of collateral.

It is estimated the industry could have lost 30 000 tonnes through side marketing this season.
The full day meeting will be held at Rainbow Towers in Harare.

“The objective of the meeting is to identify and prioritise key challenges undermining the cotton industry; review the role of contractors, farmer unions and AMA in promoting viability and sustainability of cotton industry through cost effective agricultural inputs support, funding and distribution systems,” said AMA.

Participants will also get feedback on a recent fact finding tour in Tanzania and recommend strategies that can be adopted to benefit the local industry. Revival strategies for 2013/14 will also be formulated.

Key speakers include Secretary for Agriculture, Mechanisation and Irrigation Development Mr Ngoni Masoka, AMA, farmer unions and CGA representatives and various stakeholders.

Cotton industry is one of the most strategic industries in Zimbabwe in terms of generation of foreign currency, employment creation and support for thousands of families.

 

Related Posts

Highlanders thanks President, nation for support after tragic loss of leaders

Vusumuzi Dube, Deputy Radar Editor  HIGHLANDERS Football Club has expressed its profound gratitude to President Mnangagwa, Government, sponsors, supporters and the football fraternity for standing with the club following the…

WATCH: Chief Sigola’s home destroyed in veld fire

Amos Mpofu [email protected] CHIEF Nomalanga Sigola’s thatched house at her Springvale Farm in the Sigola area, about 20 kilometres outside Bulawayo, was destroyed by fire yesterday after a veld fire…

Leave a Reply

Your email address will not be published. Required fields are marked *

×