23 December 2008
Kampala — Government has intervened in a bid to save the falling cotton prices by toping up 450 shillings per kilogram for cotton farmers to sell to ginners.
State minister Fred Mukisa says this has been done to salvage the fluctuating cotton prices that have affected farmers.
He adds that the falling cotton prices are a hindrance to the prosperity for all program where most farmers in the North and North Eastern region are involved.
Mukisa explains that the intervention had to be immediate because cotton is a major cash crop.
In October 2008, cotton prices fell from 800 to 500 shillings per Kilo .
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