TS-43 
. 15- 
FIRE-CURED TYPES 21-24 
Kentucky-Tennessee Fired-Cured Prices Above 
Last Year; Virginia "ire-Cured L ower 
Sales of Pastern District fire-cured (type 22) averaged 21,1 cents per 
pound through January, 13 percent above January 1946. In the same period, 
Western District fire-cured (type 23) averaged 2 7.4 cents per pound, 20 percent 
above a year earlier. Marketings during the whole month of January were hampered 
by poor handling weather. A very large proportion of sales of both types have 
been delivered for Government loans. 
Virginia fire-cured (type 21) auction markets opened in December. The 
average price for December sales was 27 #4 cents per pound, 12 percent below 
•/•ecenber 1946. I rices improved following the holidays and averaged 29.5 cent's 
per round for sales through January 3 ), only 4 percent below the January average 
last year, Through January a little more than one-third of the marketings went 
into Government loans. 
The 1947 average support price for all fire-cured is 75 percent cf the 
loan rate for Burley or 30,2 cents per pound. 
Pi re- Cured Carry- Over Larger as Exports Decline 
Supplies of f ire-cured tobacco (types 21-24) for 1947-48 totaled 235 mil- 
lion pound?, about 20 million pounds ebove a year ago. Although production was 
smaller in 1947 than 1946, it was the largest of any other year since 1940. 
Carry-over on October i, 1947, was substantially above the low point reached in 
the previous year. The increase in stocks more than offset the decrease in pro- 
duction. In the year ending September 30, 1947, domestic consumption of fire- 
cured was estimated at about 3 7 million pounds, about the same as the preceding 
year but substantially below the prewar average. Experts in 1946-47 declined to 
about 34 million pounds (farm-sales weight) compared with 48 million pounds in 
1945-46 and about 70 million pounds annually -in 1934-38, 
In the United States, fire-cured is mostly used in snuff, manufacture of 
which is expected 'to remain at about the 1947 level during 1948. Exports of 
fire-cured in October-December, the first 3 months of the 1947-48 marketing year, 
were 9 percent .be low the same months of 1943-47. Before .the war, fire-cured 
ranked second among tobacco exports but in .1946-47 dropped to third place. Most 
of the exports of fire-cured go to the Western European Countries, therefore, the 
speed of economic recovery in Europe will affect future fire-cured exports. 
The 194b national marketing quota for fire-cured tobacco is 55,7 million 
pounds. This means a reduction of about 35 percent in individual farm allotments. 
A large proportion of marketings to date have gone into Government loans. The 
1948 support level will be 75 percent of the average Burley loan. rate* 
