Chapter 30 Tobacco farmers

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The 1995 U.S. tobacco crop was worth $2.3 billion, the seventh largest cash crop

behind corn, soybeans, hay, wheat, cotton, and potatoes. However, tobacco was the

most economically productive on a per acre basis, averaging $4,191 per acre,

compared to $136 for wheat, $190 for hay, $228 for soybeans, $306 for corn, $478

for cotton, and $760 for peanuts.

The Tobacco Epidemic, p. 34

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Tobacco is the most profitable crop in the US, fetching about $4000 an acre gross,

while the next closest, peanuts, bring $800 to $900.

American Medical News, November 11, 1994, p. 17

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In 1993, Americans smoked 485 billion cigarettes. Leaf sales generated about $3

billion for farmers, about $3,782 per acre. This compared to $352 per acre for cotton,

$208 for soybeans, and $176 for wheat.

USA Today, August 12, 1995, p. 6

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Tobacco farming yields a revenue to farmers of around $4,000 per acre; tobacco sells

at around $1.80 per pound but costs only a dollar to produce. A single acre can yield

as much as 2,500 pounds. In 1994, each acre of U.S. tobacco grown for domestic

use brought in $43,000 in state and federal excise taxes at the retail level.

New York Times magazine, August 25, 1996, p. 43

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North Carolina produces 52% of all domestically grown tobacco.

Los Angeles Times magazine, August 10, 1997, p. 9

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Monday, July 24, 2000

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