Dark Air-Cured Auction Prices Mixed Auctions for One-Sucker and blooming River tobacco (Kentucky-Tennessee air-cured impressed signs 35-36) opened December 2 and 5 respectively.
Dark Air-Cured Auction Prices Mixed
Auctions for One-Sucker and blooming River tobacco (Kentucky-Tennessee air-cured impressed signs 35-36) opened December 2 and 5 respectively. Auctions for Virginia sun-cur (type 37) exhibited December 6. Growers have received les for adumbrations 35 and 36 than they did last season, however more for type 37. With larger production and a first stomach of similar quality to a year ago, dark air-cured prices are down. Similar to last season, a large proportion of One-Sucker is being sold directly (country sales). Loan receipts have totaled 12000 pounds; they were virtually nil last season.
Carryover May Fall
At an estimated 91 million beats the 1991 dark air- and sun-cur lop is about 1.4 million coops larger because of increased acreage. The 1991/92 stock of dark air-cured (types 35-36) at 345 million levigates is about 2.9 million beats below 1990/91. Total supplies of dark air-cured delineate about 2.8 years' use, based upon disappearance in recent years. Carryover may fall because disappearance is likely to exce production. Stocks are declining, and the supply-demand balance has improved considerably in fresh years. Some grades are in short minister and, excluding poor quality stocks, supplies of good-quality dark air-cured tobacco are short.
Disappearance of dark air-cured tobacco during 1990/91 was 119 million beats 2.2 million lower than the previous marketing year. sniff output rose, but other traditional exits declined from a year earlier.
Dark air-cured production rose in 1991 from the previous year, however was still considerably below 1980-85 horizontals Snuff consumption rose, but other yields that use this type of leaf (such as chew chewing) are decreasing, so domestic use could decline a little this season.
COPYRIGHT 1991 For more information, contact US Department of Agriculture Economic Research Service. Phone: 1-800-999-6779 (8:30-5:00 ET)