Categories · International
· Agricultural
· Business (Tobacco)
· Cigars
non-USA, by Country · Cuba
|
Jump to full article: Reuters, 2009-10-05 Author: Marc Frank
Intro: Cash-short Cuba is slashing the amount of land devoted to growing its famous tobacco by more than 30 percent as the global recession and worldwide spread of smoking bans bite into sales of the country's prized cigars.
Demand for Cuba's cigars fell 3 percent in 2008 and earlier was reported down 15 percent in 2009 because of the recession and the smoking bans adopted in a growing number of places as a public health measure.
Cuba's National Statistics Office, in a report posted on its web page (www.one.cu), said land to be planted with tobacco for next year's crop had dropped to 49,000 acres, down from 70,000 acres, which was in turn less than 2008.
It said the coming crop was expected to be 22,500 tons, down from a planned 26,800 tons.
Jump to full article » |