World market braces for cotton crisis: traders RIZWAN BHATTI KARACHI (July 01 2007): A serious cotton crisis is looming large in the world market as its prices have increased by 13 percent during the last one week in the wake of expected shortfall of the United States (US) cotton crop during current year, traders said on Saturday. World market braces for cotton crisis: traders RIZWAN BHATTI KARACHI (July 01 2007): A serious cotton crisis is looming large in the world market as its prices...

Out of the total coverage under cotton, 8.68 lh has been sown under Bt cotton, sources in the agriculture ministry had said. NEW DELHI: Emboldened by the good response to its Bt cotton seeds from farmers and with the government approving five more of its hybrids, JK Agri Genetics aims to nearly triple its market share to eight per cent in this kharif season. Dravid said the overall areas under Bt cotton would improve even if prices of cotton is likely to fall marginally as farmers would be...

However, harvested acreage is expected to be 6.471 million more than harvested last year when drought conditions resulted in significant abandonment of hard red winter acreage. The report showed more acres of feed grains and fewer acres of soybeans, cotton, and spring wheat than had been anticipated. It is significant that the corn market has moved from worrying about declining crop conditions to anticipating a surplus in a period of just two weeks. If the remainder of the 2007 growing...

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The company received clearance of the genetic engineering approval committee (GEAC) a few days back for commercial sale of five hybrids of Bt cotton, taking its total genetically modified (GM) seeds to nine. Out of this, 8.68 lakh ha has been sown under Bt cotton, sources in the agriculture ministry said. However, it does not plan to reduce the prices of its Bt cotton seeds, he added. GEAC is likely to clear, by next year, two more hybrids developed by the company, which are currently in...