Tobacco Contract Volumes Headed Down?

 

(Tobacco Farmer Newsletter) Substantially fewer acres of flue-cured appear on the way, if the reports of much reduced contract volumes are accurate. One seed producer who normally is well-informed on this subject told Tobacco Farmer Newsletter a week ago that he anticipated no more than 80 percent of 2014 contract volume this year. Then Friday, an auction warehouse owner in North Carolina predicted no more than 75 percent. And Tuesday, a grower association owner said even 75 percent may be too optimistic. Continued