PM-24-077 Tobacco Contracting Entity Eligibility
BACKGROUND:
Beginning with flue cured tobacco in the 2021 crop year, the Risk Management Agency (RMA) has issued two price elections for tobacco. One price for tobacco grown under contract and one price for non-contracted tobacco. Producers who grow both are eligible for a blended price. Additionally, RMA has limited quality adjustment to only apply to contracted tobacco. This pricing structure has since been expanded to burley, dark air, fire cured, and Maryland tobacco.