The following changes are applicable to the burley, dark air, fire cured, and Maryland types of tobacco for the 2023 and succeeding crop years:
- RMA will issue separate price elections for contracted and non-contracted tobacco, reflecting the additional expected value of tobacco grown under contract
- Quality adjustment will only be available for the amount of tobacco grown under contract
Per Product Management Bulletin PM-22-073, expanding these contract provisions to the burley, dark air, fire cured, and Maryland tobacco types will help improve the integrity of the program for the additional tobacco types and make it more sustainable going forward.
Reading the Underwriting: Strength in the Field eNewsletter? Click here for the next article.
Featured
-
Vilsack Advocates for Struggling Farmers in 2023 Farm Bill, Lawmakers Focus on Safety NetMarch 20, 2023
-
Wisconsin Battles Milk Hauling RegulationMarch 20, 2023
-
Beef Markets Strong in First QuarterMarch 20, 2023
-
Black Sea Grain Agreement Reached, Details UnclearMarch 21, 2023
-
Rain Falls too Late to Salvage Argentinian Soybean CropMarch 21, 2023