WEAKER than expected tobacco auction floor prices have dampened farmers’ hopes of translating this season’s high output into meaningful earnings. 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
TIMB said the industry's future depends on growers treating farming as a commercial business rather than relying solely on tobacco.