All eyes on flue-cured tobacco auctions

 

(Tobacco Farmer Newsletter) Prices were low at the first auction of the season at Old Belt Tobacco Sales at Rural Hall, N.C., on August 26. About 125,000 pounds (out of 200,000 offered) sold in the range of $1.10 per pound, with a practical top of $1.50. This was way below the average of 2013, and there was considerable tag tearing. The next sale at Old Belt (phone 336 416 6262) will take place 10 a.m. on September 9. Continued