MESSAGE FROM THE MARKET: THERE'S NOT ENOUGH BURLEY TO GO AROUND

(Tobacco Farmer Newsletter) The market opens hot for 2020 burley. Farmers Tobacco Warehouse in Danville, Ky., has held the first two auctions of the season, on November 24 and December 1, and the results were very good at both. Some lots of red tobacco sold at a high price of $1.90 per pound, much higher than last year. About 30 percent of the offerings sold for a strong $1.80 to $1.85. Continued