Battle For Zimbabwean Cotton Intensifies

The fight for Zimbabwe’s cotton continues to get acute as newer firms join the race to serve as contractors for seed cotton for the ongoing season.

In all 14 companies – Cargil, Sino Zimbabwe, Cotton Company of Zimbabwe, Olam, Alliance, Parrogate, Viridis, Romsdal, Insing, Grafax, CottZim, Fahad, Jimmac Zimbabwe Cotton and Southern Cotton Company – have registered themselves to serve as seed cotton contractors for 2011-12 season.

Serving as contractors, these firms would distribute seeds required by farmers for undertaking cotton cultivation, by setting up distribution points across the country, the Agricultural Marketing Authority (AMA) said.

As stated by AMA, Zimbabwe’s cotton consumption till October 31 this year came to be 249.904 million kg as against the consumption of 93.44 million kg during the corresponding period of last year.

Zimbabwe’s cotton exports are expected to grow by 20 percent from last year’s 326,400 bales to 408,000 bales during this fiscal. The rise in exports is greatly supported by a rise in production which is attributable to legislative reforms that have brought stability to the sector.....

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