25 



Markets 



This section examines local markets in which cooperatives operate 

 auction warehouse facilities. Market characteristics, allocation of 

 sale volume, organizations providing regulative and service-type 

 activities, and sale and price features are included. 



Characteristics of Local Markets 



The associations operated tobacco auction warehouses in 23 local tobacco 

 markets. Eleven markets were located in Kentucky, 5 in Tennessee, 4 

 in Virginia, and 3 in North Carolina. Table 11 presents some features 

 of these markets during the 1962-63 marketing season, including ranges 

 in number of sale days, number of warehouses, and number of sets of 

 buyers . 



The marketing season varies according to the type of tobacco handled. 

 Markets in the burley area normally held auction sales sometime between 

 the latter part of November and the middle of February. The flue-cured 

 area is divided into five tobacco belts. Cooperative auction warehouses 

 are operated in two. 



Sales in the Border Belt are usually held sometime between the last of 

 July and last of September, those in the Eastern North Carolina Belt 

 between the middle of August and the middle of November. Dark fire- 

 cured markets hold sales between the first of December and the middle 

 of February, and those of the dark air-cured markets occur in December 

 and January. 



Table 11 . --Features of Kentucky, North Carolina, Tennessee, and Virginia 

 markets having cooperative tobacco auction warehouses, 1962- 

 63 marketing season 



Type of tobacco 

 handled and location 

 of markets 



Number of sale 

 days during 

 marketing 

 season 



Number of 

 warehouses 

 in market 



Number of 

 sets of 

 buyers in 

 market 



Burley 



Kentucky 



Tennessee 

 Flue-cured 



North Carolina 

 Dark air-cured 



Kentucky 



Virginia 

 Dark fire-cured 



Virginia 



Range 



23-40 

 19-27 



42-50 



1/8 

 1/20 



1/31-32 



Range 



5-38 

 1-20 



8-12 



1/2 



1/1 



1/2-3 



Range 



1-5 

 1-2 



3-5 



1/1 

 1/1 



1/1-2 



1/ 1961-62 marketing season. 



