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Zimbabwe Tobacco Farmers have collectively earned US$90,4 million from the sale of tobacco since its marketing selling season started as prices continue to firm.
Since the start of the 2021 tobacco selling season, farmers have sold 35,3 million kg worth US$90,4 million at an average price of US$2,56 per kilogram.
Comparing to the last season sale for the same period last which was an average price of US$2,25 per kg showed tremendous growth.
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So far, 475 338 bales of the crop have been sold compared to 264 885 during the same period last year.
The bulk of the crop, as has become the norm, has been sold through the contract floors.
Contracted growers have sold 32,6 million kg worth US$783,6 million while 2,6 million kg worth US$6,8 million were sold through auction sales.
The substantive chief …