Cottco

The jump represents a 400% growth in cotton production. National output for 1994/6 was 28 000tonnes and for the current season its 70 000tonnes and Cottco has the major market share in all these statistics. Currently there are about six cotton companies including the Cotton Company of Zimbabwe. The company is buying the cotton at 47cents per kilogr... amme and there would be price adjustments of 10 cents for farmers who have graded their cotton. This year the company has encouraged farmers to grade their cotton. The major challenges for cotton production last season were side marketing , low productivity per unit area, diversion of fertilizer to other crops and the heavy rains. Going forward the company is targeting to contract 400 000 farmers countrywide including areas that had stopped cotton production namely Mat North and South. Plans are underway to start agronomic services and an area manager has been recruited already. The plan is that the company would have more seed cotton this year which means since 1994 when the Presidential input scheme was introduced cotton production has been on a growth trajectory. OUR VISIONRead More