Commercial Farmers' Union of Zimbabwe

Commercial Farmers' Union of Zimbabwe

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Zimbabwe Earns $173 Million Selling Tobacco in Season So Far, Newsday Says

Zimbabwe Earns $173 Million Selling Tobacco in Season So Far, Newsday Says

http://www.bloomberg.com/

By Brian Latham – May 9, 2011 7:19 PM GMT+1000

Tobacco farmers in Zimbabwe have earned $173 million from the sale of 61.6 
million kilograms (136 million pounds) of the leaf so far this marketing 
season, Newsday reported, citing the Tobacco Industry and Marketing Board, 
which regulates the industry.

Farmers sold the leaf for an average of $2.81 a kilogram, down from $3.10 a 
year earlier, the Harare-based newspaper said on its website. It didn’t say 
how much tobacco was sold during the same 50-day period last year.

Zimbabwe’s tobacco marketing season traditionally runs from March to 
October. The country may produce between 170 million kilograms and 200 
million kilograms this year, Newsday said.

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