The company announced these figures at the launch of a recently organized pickup campaign.
The cotton development company (Sodecoton) has forecasts to collect 400,000 tons of cotton this year. For the cotton collection campaign that has just been launched, a donation of 10 poly dump trucks was given to cotton producers in the city of Garoua on December 3, 2021 by the Minister of Agriculture and Rural Development (Minader), Gabriel Mbaïrobé, we learn from Cameroon Tribune.
A donation worth 1.3 billion CFA francs that supports cotton farmers who are unable to evacuate all their production. This leads to a "lengthening of ginning in the rainy season with its corollaries of degradation of seed cotton, fiber and seed, and dry losses of cash," explained Gabriel Mbaïrobé in the same newspaper.
The main agro-industrial operator in the north has benefited in the past from government support consisting of the supply of two graders worth 350 million CFA francs and two loader excavators valued at 150 million CFA francs.
Culture supports nearly 2 million people in the Adamawa, North and Far North regions and accounts for 60% of agricultural income in the northern zone. Exports are estimated at 6% and 14.1% of the GDP of the industrial branch. However, Sodecoton is suffering the pangs of the coronavirus pandemic, with revenues down -5.7% to 148 billion CFA francs, in 2020, for an estimated net loss of 5.7 billion CFA francs.