A BIGGER CROP THAN EXPECTED
Despite extreme weather conditions over much of the Tobacco Belt earlier this season and reduced acreage for almost all types, USDA predicted in its August production report that:
Among the individual states and types, the projections were:
Flue-cured: NC---244 million pounds, down 2.7 percent. VA--35.7 million pounds, down 15 percent. GA--18 million pounds, down 24 percent. SC--17 million pounds, down 23.2 percent.
Burley: KY--90 million pounds, up 12.5 percent. TN--8 million pounds, down 11.2 percent. PA--5.75 million pounds, down 34.6 percent. VA--1.26 million pounds, down 16 percent. NC --720,000 pounds, down 36 percent.
Other types: Fire-cured--47 million pounds, down 19 percent. Dark air-cured--28.66 million pounds, up 7.7 percent. Pa. Seedleaf-- 5.06 million pounds, 8.3 percent down. Southern Maryland--2.3 million pounds, down 25.3 percent.
All tobacco production was forecast at 504 million pounds, down five percent from 2018. Yield for the 2019 crop year is forecast at 2,110 pounds per acre, 280 pounds above last year. Area harvested, at 238,920 acres, is down 18 percent from last year. If realized, this will be the lowest harvested acreage on record.
AUCTION WAREHOUSE OPENINGS begin next week:
NOTE: All the warehouses listed above will auction flue-cured. Old Belt Tobacco will also auction burley. If any warehouses other than those listed here will be auctioning flue-cured this season, please contract me at 919 789 4631--Chris Bickers.