[20040625]95-129ENR_烟草价格支持：课程概述.pdf

1 Data in this report, unless otherwise specified, are U.S. Department of Agriculture data fromrecent issues of Tobacco: World Markets and Trade, published by the Foreign AgricultureService, and Tobacco Situation and Outlook Reports, published by the Economic ResearchService.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code 95-129 ENRUpdated June 25, 2004Tobacco Price Support:An Overview of the ProgramJasper WomachAgricultural Policy SpecialistResources, Science, and Industry DivisionSummaryAbout 94% of U.S. tobacco production is flue-cured and burley (both beingcigarette tobacco types). These crops are particularly important to the agriculture ofNorth Carolina (where flue-cured is grown) and Kentucky (where burley is grown).Together, these two states produce 66% of the total U.S. tobacco crop. The federaltobacco price support program is designed to support and stabilize prices for farmers.It operates through a combination of mandatory marketing quotas and nonrecourseloans. Marketing quotas limit the amount of tobacco each farmer can sell, whichindirectly raises market prices. The loan program establishes guaranteed