Could El Nino Bring Tobacco Supply in Line with Demand?

 

(Tobacco Farmer Newsletter) The oversupply may be disappearing. "As a result of the recent heavy rains and hail in southern Brazil from an El Nino weather pattern, we have reduced production projections for both flue-cured and burley in that country by about eight percent," said George Freeman, chief executive officer of Universal in a press release on November 5. "The same weather pattern may also affect Africa, decreasing rainfall and impacting crop sizes and quality. ..." Continued