Japan: Tobacco Council Releases Determinations for 2014 Tobacco Cultivation

Japan Tobacco Inc. announced today that the Leaf Tobacco Deliberative Council, chaired by Yoshio Kobayashi, released its annual determinations for domestic leaf tobacco cultivation area and grower prices for 2014, in response to a proposal submitted by JT earlier in the day.

The Council was in general agreement with JT's proposal, and determined that in 2014, the domestic tobacco cultivation area will be set at 8,964 hectares, a decrease of 2.7 percent compared to that of the previous year. The leaf tobacco grower price will be set at an average of JPY 1,906.47 per kilogram for all leaf types.

JT will undertake its operations in 2014 based on the Council's determinations. Enditem