Скачать или смотреть Ncdex Cottonseed Oil Cake Outlook: May 13, 2020 3:59 PM

Cocudakl prices gained as support seen after update that due to heavy moisture and supply shortages as many cotton seed crushing units are closed. Prices are expected to see firmness due to reduced arrivals in the mandis with increase in business and demand due to easing of lockdown.

Cotton Corporation purchases record 7.5L bales from Gujarat growers. Prices came under pressure after the Rajasthan government issued a notification to impose a two percent farmer welfare duty on the purchase and sale of agricultural produce in the mandis of the state, while setting the limit for the stock of oil and oilseeds of the wholesale and retail traders.

As the Indian government has extended the lockdown to contain the spread of covid-19, farmers is facing unprecedented economic hardship and uncertainty. Cattle feed is hard to procure and prices have shot up.
The availability of feed and fodder remains a major area of concern; there is a gap between its demand and supply in the country.
Due to unavailability green fodder, especially during summer months, dairy farmers have been feeding animals a disproportionate amount of concentrate to sustain growth in milk production.
Cotton acreage in central and southern India is likely to fall this year as farmers could opt for soybean, urad, maize, turmeric and chilli, which offered better returns last season


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