LOUISVILLE, Ky. (AP) A global supply-demand balance that once favored Kentucky tobacco farmers now seems to be turning against them as another market season opens in the state that leads the nation in burley tobacco production.
Burley growers reaped the benefits of strong prices a year ago in a market where tobacco companies seemed to snatch up all the leaf they could get. The outlook isn’t nearly as upbeat now, at a time when global demand for burley is declining while world leaf production has been increasing. Continued
No comments:
Post a Comment