Tobacco Production & Income in Tennessee

10/10/01

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Tobacco Production & Income in Tennessee

TN Crop Cash Receipts, 2000

TN Ag Cash Receipts, 1995-99 Average & 2000

TN Crop Value of Production

TN Crop Value Per Acre, 2000

Number of TN Tobacco Farms*

TN Harvested Tobacco Acreage

Burley Tobacco Basic Quota

Burley Basic & Effective Quotas

TN Burley Basic & Effective Quota

1997 Burley Value of Production

2000 Burley Value of Production

2000 Burley Phase II Payments

2000 Burley TLAP Payments

2000 Burley Mailbox Value

Avg. KY Burley Quota Lease Prices

TN Tobacco Multiplier Effects

Looking Toward the Future

U.S. & World Burley Production

Contributing To Leaf Demand Drop

U.S. Burley Import & Export Prices

Change in Wholesale Cigarette Price Since January 1998

U.S. Cigarette Production, Consumption & Exports

U.S. Exports of Burley Tobacco

2002 Burley Quota Outlook

Tobacco Settlement: Tennessee

Tobacco Settlement Review

TN Tobacco Settlement Spending

Phase II of the Settlement

TN Phase II Payments

Other Tobacco Issues

Tobacco Issues & Uncertainties

President’s Tobacco Commission

Federal Tobacco Policy Reform

Tobacco Equity Reduction Program (TERP)

TERP, Continued

Example: 10,000 lb Quota Owner & Grower, Exits Production

Example: 10,000 lb Quota Owner & Grower, Remains in Production

Example: 10,000 lb Quota Owner & Lessor

Current Status

Questions About Contracting

The Future of the Tobacco Program

Tobacco Trade with China

Leaf Production, Consumption & Trade: U.S. and China, 2001

Uncertainty Continues

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