As of Friday, June 29, 2018, more revenue has been realized from tobacco sales this year compared to last year on account of more volume of tobacco sold.
After 12 weeks of sales, $204.2 million was realized from selling 118.4 million kilograms of tobacco compared to $158.9 million realized from 81.9 million kilograms of tobacco sold in 2017.
Improved quality of tobacco sold contributed to the increase of the cumulative average price from $1.71/kg in week 11 to $1.73/kg in week 12.
In the week under review, better competition on burley auction sale resulted in the reduction of no-sale rejection from 23% in week 11 to 20% in week 12.
To download the sales statistics document click here.