March 9, 1999
INFORMATIONAL MEMORANDUM: R&D-99-010
TO: All Reinsured Companies
All Risk Management Field Offices
FROM: Tim B. Witt /s/ Tim B. Witt
Deputy Administrator
SUBJECT: 1999 Support Prices for Tobacco Guaranteed and
Quota Tobacco Crop Provisions
The 1999 price support levels as defined in the Guaranteed Tobacco
Crop Provisions 99-071 for the purposes written in Section 12(b)(2)
and (4), Section 12(c)(iii)(A) and in Section 12(d)(3) are listed
below:
Type Crop Code Support Price
11-14 229 Flue-Cured Tobacco $1.63
21 230 VA Fire-Cured Tobacco $1.56
22-23 230 Fire-Cured Tobacco $1.72
35-36 233 Dark Air-Cured Tobacco $1.48
37 233 VA Sun-Cured Tobacco $1.38
54-55 235 Cigar Binder Tobacco $1.24
The 1999 support price for type 31 tobacco (crop code 231-quota burley)
as defined in the Quota Tobacco Crop Provisions 99-070 for the purposes
listed in Section 13(b)(1) and in Section 13(c)(iii)(A) and (B)
is $1.79 per pound. The $0.06 per pound warehouse fee is no longer
deducted.
DISPOSAL DATE
This Informational Memorandum is for the purpose of transmitting
information and the expiration date is December 31, 1999.