Oh no, the Prices Are Far Too High

Source from:  tobaccoreporter.com Malawi, Thursday, May 10, 2007 05/14/2007

In a seeming affirmation of the maxim that farmers will always complain, Malawi's tobacco growers, faced this season with increased prices, have already expressed their concern that too much tobacco might be grown next season. Since the tobacco auction floors opened in Lilongwe, Limbe and Mzuzu last month, tobacco has been selling at between US$1.60- US$1.70 per kg, while last year opening average prices stood at about US$1 per kg, according to a report in The Herald (Harare). Tobacco growers, the paper reports, fear that the good prices might attract more growers unless the government puts in place a control mechanism to ensure that there will be no overproduction. Enditem