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Tobacco price crash: Crop size reduced to 90 million kg for Karnataka during 2026-27

The Tobacco Board has announced a reduction in Karnataka's tobacco crop size from 100 million kg to 90 million kg for the 2026-27 season due to declining prices and subdued demand. During a recent meeting, Union Minister H. D. Kumaraswamy urged for higher procurement prices at auctions, while MP Yaduveer Wadiyar suggested attracting foreign buyers to improve market conditions.

Tobacco price crash: Crop size reduced to 90 million kg for Karnataka during 2026-27

Credit: Thehindu

Key Highlights

  • Karnataka's tobacco crop size reduced from 100 million kg to 90 million kg for 2026-27.
  • The decrease is attributed to falling tobacco prices and lower demand.
  • Union Minister H. D. Kumaraswamy called for higher procurement prices at auctions.
  • MP Yaduveer Wadiyar proposed inviting foreign buyers to the tobacco auctions.
  • The announcement was made during a Tobacco Board meeting in Mysuru.
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Sources

  1. Tobacco price crash: Crop size reduced to 90 million kg for Karnataka during 2026-27
  2. Tobacco price crash: HDK seeks higher procurement prices; Yaduveer pitches for foreign buyers

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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