A Comparative Cost Analysis of Organic and Conventional Cotton Production in Viotia - Greece
Apr 16, 2019
Cotton growing in Greece has been drastically affected by E.U. policies, oversupply and declining prices. Cotton cultivation also ranks high in the list of heavily polluting crops. The perspectives of liberalized world agricultural markets and the danger of declining soil fertility make alternative cotton cultivation techniques a timely and interesting topic. Although organic cotton growing offers an option that addresses these considerations, its economic performance remains, largely, an empirical question. The present study attempts such a comparative economic evaluation of organic and conventional cotton production, using a local sample of cotton operations in Continental Greece. Its findings suggest that organic cotton costs are not considerably lower than conventional costs while significantly lower yields and lack of high price premiums result in lagging economic performance.