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Planners Will Review Transfer Rights
David Oliver of Budd's Creek waits for buyers to check out his 10,000 pounds of tobacco during the 2002 auction in Hughesville.
(By Andrea Bruce -- The Washington Post)
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"Maryland's Type 32 is some of the best-quality tobacco in the world, and we are hoping the auction will yield strong prices for this year's crop," state Agriculture Secretary Lewis R. Riley said in a statement announcing the dates. "Despite declining acreage, tobacco still plays an important role in maintaining the Southern Maryland economy and culture."
During the seven-day sales period last year, tobacco buyers paid a total of $2 million (or $142.68 per hundredweight) for 1.4 million pounds of tobacco. Sales from previous years are as follows:
· 2004 -- 1.4 million pounds sold; $2 million paid; season average of $173.43 per hundredweight.
· 2003 -- 2.3 million pounds sold; $3.46 million paid; $148.02 per hundredweight.
· 2002 -- 3.57 million pounds sold; $6 million paid; $167.77 per hundredweight.
· 2001 -- 8.08 million pounds sold; $13.7 million paid; $169.22 per hundredweight.
As of Feb. 1, 854 tobacco farmers representing 7.65 million eligible pounds of tobacco have signed up to participate in the Maryland Tobacco Buyout Program. The totals represent 83 percent of eligible farmers and 92 percent of eligible tobacco.
Wineries Fight Sales Rule
Maryland wineries are protesting an administrative ruling issued last week by the Maryland Comptroller's Office that will suspend the wineries' ability to sell their wines to stores and restaurants, effective March 31.
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