Agricultural and Biological Sciences
6 years ago

Tobacco quota transfers shake up rental rates in farming communities.

LEASE AND TRANSFER OF FLUE-CURED TOBACCO MARKETING QUOTA AMONG FARMS For the 1966 and 1967 Crop Year: A Preliminary Report
Dale M. Hoover

Paper Summary

Related papers

Theme background image
Agricultural and Biological Sciences
8 years ago

North Dakota farmland values soar by 39%, driving expansion and profits.

Agricultural Policy
2 views
Theme background image
Agricultural and Biological Sciences
8 years ago

North Dakota farmland values skyrocket, doubling in just two years.

Agricultural Policy
2 views
Theme background image
Engineering
8 years ago

Florida Leads Nation in Gasoline Conservation Amid Energy Crisis

Fuel Estimation
Rebound Effect
1 view

The article discusses the lease and transfer of tobacco marketing quota among farms for the 1966 and 1967 crop years. The researchers found that rental rates for marketing quota varied between counties and were influenced by factors like tobacco prices, yield, and wages. Transfer of quota across county lines has increased rapidly since 1962, with more than 24% of all allotment holders leasing their quota in 1966. If transfer restrictions are removed, the volume and importance of transfer are expected to increase significantly.