Gov’t fixes cotton prices for 2019/2020 crop season

Seed and input cost for cultivating cotton for the year 2019-2020 crop season has been fixed at a meeting with government representatives and cotton farmers and companies in Tamale, the Northern Region capital.

The price of seed cotton grade-A has been pegged at GH₵2.2 per kilogramme, while grade B seed cotton will be supplied for GH₵1.76 per kilogramme.

The input cost will stand at GH₵351, while repayment in kilogrammes was fixed at GH₵159.5 according to a memorandum dated 9th May 2019 and signed by Wienco Cotton Operational Manager, Mr. Gbana Yahaya.

The memo, with the heading ‘Update of seed cotton and cotton input prices 2019-2020 season’, sighted by the Ghana News Agency in Tumu was addressed to “all production staff”, and said the decision was taken at a meeting at the Modern City Hotel in Tamale.

Mr. Bakpa Sulemana Bachang, the Zonal Manager for Wienco in Sissala East, told the GNA that determination of the prices was arrived at from the current world market price of cotton; with emphasis on farmers to ensure their bales of cotton meet the highest quality or standard grade.

He urged cotton farmers in the Sissala East, West, and Wa East “to take advantage of the favourable prices announced and be serious with your work this year.

See Also:  Capital Rural Bank eyes market share expansion ….adopting enhanced microfinance scheme as bait

“Payment after cultivation will not be delayed, with the aim of bringing cotton production back to the previous competitive years,” he said.

A well-known cotton farmer from Jeffissi in the Sissala West district, Mr. Kassim Sulemana, in an interview with GNA praised the new price and input cost for cotton, saying “Government has taken a bold step”, as his expectation was met.

“We will all do cotton farming, now that government is serious,” he added.

Cotton farming in the Sissala zone was formerly a core part of most household farms – notably because of the functional ginnery that was used in ginning tonnes of cotton for export and provided jobs for hundreds of youth in the factory and transport sectors, aside from what farming offered.

But years of neglect drove many out of the sector – until an investment of US$10million by RMG Wienco Cotton was injected into the sector to revamp cotton farming and improve livelihoods.

Leave a Reply

Please Login to comment
  Subscribe  
Notify of