Published: 27 February 2014

Tobacco auction floors in Karoi opened for trading on Monday, two weeks after the opening of the national selling season, with about 800 bales going under the hammer for prices generally welcomed by farmers.

The best crop sold for $5,35 per kilogramme, while the least fetched 20cents.

In general, prices were higher than those paid on the first day of trading at the main auction floors in Harare.

In all, 855 bales sailed through the Karoi auction floors on the first day before deliveries marginally dropped to 634 on Tuesday.

At least 185 contracted farmers brought their crop on the first day while the same number of farmers delivered on Tuesday.

Tobacco Industry and Marketing Board Mashonaland West regional manager Lovemore Chikweya said deliveries are expected to improve next week.
- herald

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