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WORLD DEVELOPMENTS
Netherlands: Cigarette production and consumption are expected to remain constant throughout 2000. Total leaf imports are forecast to remain constant in 2000. Netherlands leaf imports from the U.S. are estimated to increase slightly from 27,401 metric tons to 30,963 tons in 2000. Dark- fire cured tobacco imports, which is used for roll-your-own or shag tobacco, is projected to increase by 14 percent in 2000 due to expanding markets for roll-your-own within the European Union. NL 0029
Indian Tobacco Auction Update: Auction sales as of August 25, 2000 were 90 million kg at an average of Rs.32.7/kg ($.70/kg) compared to 112 million kg sold at Rs.36.7/kg ($.78/kg) during the corresponding period last year. The prices have increased for all grades in August, 2000 with good demand from the Russian and West European markets. Top price per quality grades are between Rs.40/kg ($.85/kg) to Rs.55.5/kg ($1.25/kg). The action is expected to close by the end of September. Auction sales will commence around October 15, 2000.
Zimbabwe Tobacco Auction Update: Zimbabwe's Tobacco Marketing Board reported that 115,000 metric tons of flue-cured tobacco were sold after 17 weeks of the auction season for an average price of U.S.$1.42 per kilogram, down nearly 13 percent in volume and 14 percent in value.
U.S. DEVELOPMENTS
Glickman Announces Burley Tobacco Lease and Transfer Referendum: Agriculture Secretary Dan Glickman announced that USDA will hold four new state referenda among active burley tobacco producers during the period from October 23 to October 27 to determine whether, in their respective states, cross-county leasing of burley tobacco quotas should be permitted. PR 1556.00
USDA Announces Producer Assessments for 2000-Crop Wisconsin Cigar: USDA's Commodity Credit Corporation announced the no-net-cost assessment for cigar binder (types 54 and 55). Producers must pay a no-net-cost assessment of 2 cents per pound for cigar binder type 54 and a 15 cents per pound for cigar binder type 55 in order to qualify for price support loans. PR 1581.00
USDA Announces Producer Assessments for 2000-Crop Ohio Cigar Tobacco: USDA's Commodity Credit Corporation announced a no-net-cost assessment of $1.25 per pound for the 2000-crop of Ohio cigar filler (types 42-44) tobacco. PR 1581.00
U.S. AUCTION UPDATE
U.S. Flue-Cured Auction Update: Through the fourth week of the 2000 auction season, total flue-cured gross sales reached 66,798 tons at an average price of $3.68 per kg. This represents a 3-percent increase in volume and a 2-percent increase in price when compared to the same period a year ago. Loan receipts so far this season reached 5 percent compared to nearly 8 percent a year ago. Based on the effective quota, about 25 percent of the 2000 flue-cured crop has been sold at auction. RL_TB106.txt
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