30 August 2011
Seasonal conditions, promising water allocations and a bounce in prices will see record plantings of cotton across the eastern states of Australia over the coming months. This combination of favourable factors has led to the reinvigoration of the Australian Cotton Comparative Analysis (ACCA) – a study which is widely regarded as the industry benchmark for the economics of cotton growing in Australia.
Boyce Chartered Accountants will again collaborate with the Cotton Research and Development Corporation (CRDC) to produce the ACCA, focusing initially on the 2010/11 season.
Phil Alchin, a Director of the Moree office of Boyce, said that the drought and insufficient water led to the ACCA results not being published since the last good cotton growing season in 2006.
1 May 2011
Boyce Chartered Accountants will collaborate with the Cotton Research and Development Corporation (CRDC) to produce the “Australian Cotton Comparative Analysis” for 2010/11, a report that is regarded as the industry benchmark for the economics of cotton growing in Australia.
Boyce has been involved in the preparation of the Australian Cotton Comparative Analysis (ACCA) annually since the 1988/89 season through until 2006 when irrigated cotton plantings across Eastern Australia plummeted due to drought and insufficient availability of water.
Boyce Director, Phil Alchin, said that during the long years of drought which saw the demise of the ACCA publication, interest in the study hadn’t waned, with cotton-growers and others in the industry keen to see the re-emergence of this valuable resource.