摘要:The Federal tobacco program was established to maintain high and stable prices for
tobacco farmers by restricting output through a system of marketing (production) quotas to
correspond with anticipated demand. Under this supply management system, production is set
annually through quotas that specify the number of pounds of tobacco that can be produced by a
tobacco farm.4 In return for limiting production, farmers were provided support prices. Marketing
quotas were allocated to farms in 1938 based on historical production levels. The right to produce
and market tobacco conferred economic value to the quotas which, under certain rules, can be
leased or rented. Today, over one-half of these quotas are held by nonproducing absentee owners.