Tobacco buyout underway for farmers - WALB.com, Albany News, Weather, Sports

Tobacco buyout underway for farmers

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Thomasville- A new buyout program puts an end to all aspects of the federal tobacco marketing quota and price support loan programs.

     The Executive Director of the Thomas County Farm Service Agency says that means there will be no more planting restrictions, no marketing cards, and no price support loans. "They'll be able to market their tobacco as they want to. A lot of them will be entering into contracts with tobacco companies. Some people are going to retire," says Brett Martin.

     Farmers have to be eligible to participate in the buyout. For example, it applies to the person who owns the land the tobacco is grown on. Producers are also eligible if they grew the tobacco in the years 2002, 2003, and 2004.

Posted by stephen.ryan@walb.com

 

 

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