Higher tobacco prices offset by lower Maryland yields
Maryland tobacco farmers face higher prices and reduced yields after a very wet season. University of Maryland expert Claude McKee notes buyers pay more for the crop class, but overall profits may drop if yields fall. He adds rainfall boosted the desirable free-burning Maryland Type 32 tobacco, favored by buyers worldwide.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
Claude McKee
University of Maryland
Upper Marlboro
McKee
Omaha Livestock and Tobacco Market Notes
Market reports show cattle and hog values mixed with steady to higher ranges for steers and cows, while pork cuts and trimmings rose slightly. Tobacco market totals in Maryland run through April with higher early prices but farmers facing thinner leaf and lower overall yields. Yields on seven year Treasuries rose to 8.62 percent at the latest auction, with $7.5 billion sold and price per pound for Maryland tobacco ahead of recent years.
MENTIONED IN THIS ARTICLE
Omaha Liestock
Maryland
Bernard Doepkens
Triangle Trbacco
Wayson’s Corner
Doepkens
Washington
Treasury
Mr. McKee
Stocks of area interest
Quotations courtesy of Ferris, Baker Watts, Inc. Frederick office reports area market activity and notable price changes affecting local shares and investment interest.
MENTIONED IN THIS ARTICLE
Ferris, Baker Watts, Inc
Frederick
Horseland opens in Frederick offering western wear and boots
Horseland U S A at Stonegate Center Frederick offers western wear for men women and children including 500 pairs of boots. Owners Thomas Walker and Donald Vaughn plan English riding clothes line with brands like Wrangler Kenny Rogers Stetson Circle T and Rockmount. Open daily with grand opening sales through April 30. Dividend of 18 cents per share declared by F M Bancorp Frederick to stockholders of record April 20 and paid May 1.
MENTIONED IN THIS ARTICLE
Horseland
U.S.A
Stonegate Business Center
U.S. 40 West
Frederick
Theresa Nelson
Thomas E. Walker
Dee Dee Wyland
Thomas &. Walker
Dupont Equine Medical Center
Donald L. Vaughn
Children’s National Medical Center
Mr. Walker
J. Chisholm
el Dorado
Imperial Texas
Capezio
Kenny Rogers
Tony Lama
Wrangler Boots
Panhandle Slim
Karman
Wrangler
Circle T
Circle
Australia
Outback
Rockmount Ranch Wear
Resistor
Stetson and Bailey
Horseland U
F&m Bancorp
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KEEN
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PEER-1630
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