Tobacco buyout deadline is June 17

June 2005
Southeast Farm Press;6/1/2005, Vol. 32 Issue 15, p31
Trade Publication
The article focuses on the deadline for tobacco buyout in the U.S. Tobacco producers and quota holders have until June 17 to sign up for payments at their local the U.S. department of agricultural' farm service agency offices. The Tobacco Transition Payment Program makes payments to tobacco quota holders and producers beginning in 2005 and ending in 2014 to help with the transition to the free marketplace. Eligible tobacco quota holders will receive $7 per pound based upon their basic quota at the 2002 marketing year level.


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