| fxzugoof | Date: Thursday, 08.08.2013, 03:42 | Message # 1 |
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| SODECOTON, the Cotton Development Corporation of Cameroon, said it foresees a additional rise in its raw cotton output for the duration of next 2012-13 season, a press release stated.IyaMohamed, Common Manager, SODECOTON said as compared 2011-12s output, they count on the output for 2012-13 to grow to around 227,000 tons, up 22.7 % year-on-year.During 2011-12 season the company reaped 185,000 tons of raw cotton, higher than its 2010-11s yield of 136,000 tons.Mr . Mohamed mentioned the rise in output was mainly on account of introduction of new assortment of high-yielding seeds.Registering a rise of 32 percent, the companys turnover for 2011-12 season grew to 98.six billion CFA francs from preceding seasons 74.6 billion CFA francs. The turnover for 2012-13 season is expected to raise to 120 billion CFA francs, he added.Against 2010-11s raw cotton output of 57,300 tons, SODECOTON made 77,800 tons of cotton throughout 2011-12.More than 200,000 farmers in Cameroon engage themselves in cotton farming. The country is regarded to be one of the 10 greatest cotton making nations of Africa.
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