Japan Tobacco Council Sets Cultivation Targets

Source from:  tr.itsmyiq.com Nov 7, 2007 11/08/2007

Japan's Leaf Tobacco Deliberative Council has fixed the 2008 domestic tobacco cultivation area at 17,101 hectares, while the leaf tobacco grower price will be set at an average of ¥1,845.59 ($16.33) per kilogram for all leaf types. Chaired by Masayuki Takahashi, the council is an 11-member advisory body comprised of domestic tobacco grower representatives and independent experts, that provides counsel to Japan Tobacco's president. The Council was established under the Tobacco Business Law to discuss plans for cultivation of leaf tobacco in Japan, including grower price and the area set aside for different leaf types. The Council's determinations are incorporated into JT's annual domestic tobacco contract. Enditem