WEAKER than expected tobacco auction floor prices have dampened farmers’ hopes of translating this season’s high output into meaningful earnings.Advertisements Experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said this week that increased global supply, subdued demand, limited buyer competition and…
Global glut suffocates growers of green gold
The tobacco industry is moving toward a target of over 300 million kilograms, with 2026 expectations remaining high.