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WORLD DEVELOPMENTS
Indonesia: Total leaf production in 2000 reached 185,121 metric tons, up 18 percent from 1999 because of enhanced farm management programs and normal weather patterns. Production is forecast to remain at around the same level in 2001. ID1028
Canadian Flue-Cured Auction Update: Through the 39th sale day of the 2001/02 Canadian flue-cured tobacco marketing season, the Ontario Flue-Cured Tobacco Growers Marketing Board reports that 18,283 metric tons of flue-cured tobacco have been sold. This represents a 26-percent decrease in volume when compared to the same period last year. Prices in Canadian currency so far this year are averaging $3.79 (US$2.29) per kilogram, up from $3.73 (US$2.27) per kilogram last year. So far this year, sales of grade "A" leaves account for almost 70 percent of purchase, down 3 percentage points from the same period last year.
U.S. DEVELOPMENTS
USDA Announces Producer Assessments for 2001 Ohio Crop: USDA's Commodity Credit Corporation announced the no-net-cost assessment of 125 cents per pound for the 2001 crop of Ohio cigar filler (types 42-44) tobacco, an increase of 2 cents per pound from the price support for the 2000 crop. FSA PR#1684.htm
USDA Issues 2001 Price Support Grade Loan Rates for Dark Air-Cured and Fire-Cured Tobaccos: USDA's Commodity Credit Corporation issued price support grade loan rates for the 2001-crop of Kentucky and Tennessee dark air-cured tobacco, types 35 and 36 at $1.499 per pound. Fire-cured tobacco, types 22 and 23 were issued a price support grade loan rate of $1.736 per pound. FSA PR#1683.01.htm
2001 No-Net-Cost Assessments Announced for Fire-Cured and Dark-Air Cured Tobaccos: USDA's Commodity Credit Corporation announced that producers of the 2001-crop Kentucky and Tennessee dark air-cured (types 35-36) and fire-cured (types 22-23) tobacco must pay assessments on all marketings of these tobaccos to qualify for price support loans. The no-net-cost assessments are as follows: fired-cured (type 22), 1 cent/pound; dark air-cured (type 35), 2 cents/pound; fire-cured (type 23), 2 cents/pound; dark air-cured (type 35), 3 cents/pound; and dark air-cured (type 36), 4 cents/pound. FSA PR#1728.01
Auction Reports:
2001/2002 U.S. Burley Auction Update: Through the second week of the burley tobacco marketing season total gross sales for burley tobacco (type 31) were 104 million pounds, down 13 percent compared to the previous year. Contract sales reported through November 27 amounted to 78 million pounds, averaging $1.99 per pound. Gross auction sales reached 42 million pounds, averaging $1.95 per pound. Growers placed 5.4 percent of the gross sales under loan so far this season compared to 8.6 percent a year ago. Around 28 percent of the estimated production has been sold so far this season. AMS.MNCS/Index.htm
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