To ease your site search, article categories are at bottom of page.

July 21, 2011

Zimbabwe: US$344 million tobacco sold so far this season

Tobacco worth US$345,2 million has been sold through the auction and contract market at a seasonal average price of US$2,78 per kilogramme.

At day 105 of the tobacco selling season, 125,7 million kg had been sold compared to 107 million kg the same period last season.

The Tobacco Sales Floor, which opened earlier than other auction floors is leading in sales with more than 31,6 million kg.

Boka Tobacco Floors and Millennium Tobacco Floors have recorded sales of 14,7 million kg and 9,5 million kg respectively.

Order has returned at the three auction floors as few farmers continue to deliver their crop for sale.

From the surveys carried out, most farmers no longer have tobacco and it seems this year's projections were exaggerated. A local tobacco expert said the estimates were reached at considering the amount of seed sales and this does not necessarily translate to tobacco planted.

"There is need for the tobacco industry to come up with correct projections as these help stakeholders in planning for the season," she said.

Last season the tobacco output target was revised upwards three times.

Least year more than 120 million kg were sold during the tobacco selling season and this year the industry was expecting 170 million kg of the golden leaf to go under the hammer.

This year is the second time that the country has passed the 100 million kg mark, an indication that the country is regaining its status as one of the world's major tobacco producers.

The Herald

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings expo exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by

Back to TOP