Tobacco sales of 2012 begin in North Carolina

(Tobacco Farmer Newsletter) The first leaf auction of the year took place on August 28 at the Old Belt Tobacco warehouse in Rural Hall, N.C., near Winston-Salem. ... "The first sale went real well," says Dennis White, who is manager of the warehouse.The bidding was very strong, and every lot on the floor attracted a bid. There was no ticket tearing." Top quality lugs brought $1.80 per pound, and second quality brought about $1.65. Continued