Publisher's Synopsis
Excerpt from Tobacco Situation: June 1979
Leaf exports are pacing a gain in use of us. Tobacco in the marketing year while a sta ble pattern prevails for domestic cigarette sales. However, total disappearance is falling short of 1978's output, and carryover by July 1 (october 1 for burley and other kinds) will rise slightly from last year's billion pounds.
Cigarette exports continue to gain briskly so cigarette output for the year ending June 30 may rise about 2 percent above the 685 billion cigarettes produced in A modest gain in us. Ciga rette output is expected in the second half of 1979. Output of smokeless products (snuff and chewing tobacco) is also increasing in but cigar and smoking tobacco production continues below a year earlier.
Unmanufactured tobacco exports for July 1978 April 1979 totaled 9 percent above a year earlier (export weight). So shipments for the year ending June 30 will exceed the 617 million pounds (699 million pounds farm sales weight) of July 1977 June 1978. Several European manufacturers who decided to rebuild stocks of us. Tobacco account for most of the gain.
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