TITLE

Buyout represents bittersweet ending

AUTHOR(S)
Yancy Jr., Cecil H.
PUB. DATE
November 2004
SOURCE
Southeast Farm Press;11/3/2004, Vol. 31 Issue 25, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on implications of tobacco buyout recently introduced in the U.S. Only two days after the Senate passed the buyout, the reality of what it means to be in a new era hit tobacco farmers in flue-cured country. After years of working for a buyout tobacco growers finally have a buyout. Quota is gone, price support is gone, and growers contemplate a victory amid the uncertainties that it has brought. On one hand, the buyout will allow growers to retire with dignity or to continue production. On the other hand, growers lament they will not be able to leave quota to their children.
ACCESSION #
15014648

 

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