The price of this tobacco crop just keeps going up

 

(Tobacco Farmer Newsletter) Will the final price of the current crop bring back pleasant memories of 2004? Daniel Green, chief executive officer of Burley Stabilization Corporation (BSC), told Tobacco Farmer Newsletter earlier today that his organization has increased its price for 2012 contracted tobacco, with leaf graded T 1 now priced at $2.08 a pound. A year ago, that grade was priced at $1.87 (including moisture adjustment). "This will finally bring many grower averages above prices they received under the old tobacco program," he said. "Our hope is this will generate interest in growing more burley in 2013." Continued