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Monday, April 5, 2010

A mixed forecast for NC tobacco.

NCDA & CS's forecasts for tobacco acreage are down (about 6% from last year), and this is not surprising given the uncertainty about contracts and station closings/reallocations in January and February of 2010. That said, buzz continues about tobacco's potential as a biomass source for fuel or as a biopharm crop. The demand for pharmaceutical tobacco would be much lower than the potential demand for biofuels. Dr. David Danehower, NC State Crop Sciences, has focused on tobacco's biomass potential and other value added possibilities for tobacco. Either change would certainly make for new interesting pest management questions!

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