The 2026 tobacco marketing season encountered an immediate setback today after disgruntled farmers forced the closure of auction floors shortly after the ceremonial first sale.
Although the opening bale fetched a promising price of US$4.60 per kilogram, higher than last year’s opening rate, the optimism was short-lived. A sharp and rapid decline in subsequent prices sparked protests from growers, who argued that the drop was unjustified, even in the face of a possible oversupply in the market.
The early standoff highlights growing tension between producers and buyers, casting uncertainty over what had been expected to be a profitable season for the tobacco industry.
Stakeholders are now calling for dialogue to restore stability and confidence in the market.
