Tobacco Price Support System

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Tobacco Price Support Program - Wikipedia

    https://en.wikipedia.org/wiki/Tobacco_Price_Support_Program
    In the United States the Tobacco Price Support Program used a combination of marketing quotas and nonrecourse loans to keep prices stable and higher than they would be otherwise. The tobacco quota limited production in order to raise prices. Nonrecourse loans allowed producers to hold tobacco stocks for long periods in order to balance supplies with market demand conditions.

Tobacco Price Support: An Overview of the Program

    http://www.congressionalresearch.com/95-129/document.php
    The Price Support Program The tobacco price support program (first created in the 1930s along with other commodity support programs) existed only for the economic benefit of farmers. It was created for the purpose of supporting the income and stabilizing the price of tobacco received by farmers.

Tobacco and the Economy - USDA ERS

    https://www.ers.usda.gov/webdocs/publications/41156/14942_aer789a_1_.pdf?v=41318
    sive than tobacco from most competing countries, but quality is also high. Johnson (pp. 104-106) explains how the pricing of different grades in the tobacco price support system may have provided an incentive to sub-stitute imported tobacco for lower quality domestic …

Updated December 31, 2005 CRS Report for Congress

    http://nationalaglawcenter.org/wp-content/uploads/assets/crs/95-129.pdf
    The tobacco price support program (first created in the 1930s along with other commodity support programs) existed only for the economic benefit of farmers. It was created for the purpose of supporting the income and stabilizing the price of tobacco received by farmers. By law, the choice of whether or not federal support would be

Tobacco Price Support System Could Soon be History : NPR

    https://www.npr.org/templates/story/story.php?storyId=1382301
    Aug 01, 2003 · Tobacco Price Support System Could Soon be History A decades-old price support program for tobacco could soon be history. Congress is considering a …

Contracting Worries Tobacco Growers Farm Progress

    https://www.farmprogress.com/contracting-worries-tobacco-growers
    Some farmers had their burley tobacco partially rejected by companies last season and went to the auction. DeLoach says the situation is a double-edged sword. Farmers who do not sign contracts are, in effect, “propping up the program and the support system …

Farmers (ATG) Chapter 10 - Tobacco

    https://www.irs.gov/pub/irs-utl/farmers_atg_chapter_10.pdf
    The government price support system mandates a market price much higher than the price of foreign produced tobacco. Over time, the demand for U.S. produced tobacco has sharply declined, with domestic and foreign buyers turning to non-U.S. suppliers. The U.S. tobacco production fell by forty eight percent from the early 1980s to the late 1990s

Tobacco and the Economy: Farms, Jobs, and Communities

    https://naldc.nal.usda.gov/download/38258/PDF
    how the pricing of different grades in the tobacco price support system may have provided an incentive to sub-stitute imported tobacco for lower quality domestic leaf. U.S. manufacturers blend low-priced foreign cig-arette leaf with quality U.S. grades to achieve desired characteristics at lower costs.

Tobacco in Colonial Virginia - Encyclopedia Virginia

    https://www.encyclopediavirginia.org/Tobacco_in_Colonial_Virginia
    Relatively cheap labor, a growing population of middling planters, the increasing worldwide demand for tobacco, and a system of regulation designed to maintain the quality of the product all contributed to the creation of a tobacco industry in Virginia, especially in the Piedmont area.

Tobacco Farmers Lose Longtime Safety Net : NPR

    https://www.npr.org/2014/10/24/357947259/tobacco-farmers-lose-longtime-safety-net
    Oct 24, 2014 · The last tobacco subsidy payments go to tobacco farmers at the end of this month. The government program was intended to help growers transition out of a …



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