2023 Cotton Price Update: Historic Quintal Prices and Harvesting News

2023-11-12 16:09:12

The price of a quintal of cotton today, 2023. The search for the price of a quintal of cotton today, 2023, has increased. According to the Undersecretary of the Ministry of Agriculture in Sharkia, 70% of the second pound of cotton crop has been harvested, announcing the complete end of harvesting the crop for the first pound, noting that the Sharkia Governorate, this year, has By planting 43,500 acres, with seeds selected from the Giza 94 variety, which is characterized by fruitful growth over vegetative growth, abundant fruit, suitability to weather conditions, and resistance to diseases, in addition to its earlier maturity than other varieties, in addition to achieving high productivity.

The price of a quintal of cotton today 2023

The price of a quintal of cotton today is 2023. The Undersecretary of the Ministry of Agriculture in the Eastern Province confirmed that the cotton crop this year bodes well for the rise in the price of a quintal, which will bring abundant profits to our farmers, as a quintal of cotton this year recorded a historic price of 15,700 pounds in the activities of the first public auction for trading on the cotton crop. This is the highest price recorded by a quintal during the auction, noting that the auction was held for the governorates of Lower Egypt in the Department of Agricultural Cooperation in Dakahlia Governorate. The auction was opened at a price of 5500 pounds per quintal, for trading on 3857 bags with a total of 4890 quintals, in the presence of members of the committee following up on the implementation of the cotton trading system. With the participation of 10 companies working in the field of cotton trade.

Decisions of the Agriculture Agent in the Eastern Province

The Undersecretary of Agriculture in Sharqia said that the level of readiness in the governorate has been raised to cultivate the wheat crop, which is the first crop in the governorate in terms of the area it occupies, and that the governorate achieves first place in the production and supply of wheat at the level of the republic every year, and that the auction is scheduled to be held for 4839 bags in the Beheira Governorate. On the Giza 86 variety, and 18,433 bags of the Giza 94 variety in Dakahlia Governorate, in addition to 4,133 bags of the Giza 94 variety in Kafr El-Sheikh Governorate, in addition to holding an auction for 2,192 bags of the Giza 96 variety in the same governorate.

The average price of cotton today at auction reached regarding 11,700 pounds per quintal, indicating that for the first time in the history of Egyptian cotton, the price of a quintal has reached this number in Upper Egypt in general.

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