With low output prices, farmers shifting to other crops MSP rise not enough to check this trend, say suppliers
Lower cotton prices have prompted cotton seed making companies to be ready for a dent in their sales this year. Most of these fear seed demand would drop 12-15 per cent nationally, as more and more farmers have started switching from cotton to maize, groundnut and guar instead. They are pessimistic on a recovery in demand even after the Cabinet Committee on Economic Affairs (CCEA) revised the Minimum Support Price (MSP) for cotton today,