“The 2016 cotton marketing season is currently in progress. Total production for the 2015 /2016 season is estimated at between 70 000 and 80 000 tonnes.
“In terms of prices for the commodity, Cotton Ginners Association (CGA) members are paying an advance payment of 36 cents and Cottco is paying 35 cents,” reads the market guide.
ZFU said companies such as Alliance, Sino Zim, ETG, Grafax, China Africa Cotton Ginners Association are under the CGA.
Farmers are complaining over the cotton producer prices, which they said were not viable. The farmers said some of the contractors did not give adequate inputs.
Bindura farmer Mr Batsirayi Musanhu said farmers had lost trust in ginners’ paying adjustments.
“We expected higher prices than the prices we are getting. The buyers said they will give us an adjustment at the end after the crop would have been graded.
“Last season the same thing happened. We were promised adjustments, but we never got anything. I hope buyers will be fair to pay firm prices that will enable farmers to go back to the land,” he said.
Cotton production has declined over the past years due to viability challenges.
Contractors complained of side marketing while farmers said buyers were offering low prices.