Business · 30/06/1995Updated: 10/18/2026 · 1 min read
1995-1996 Tobacco Penalty Rate Determination for Quota-Subjected Tobacco
Summary
The US government has set the 1995-1996 marketing year penalty rate for excess tobacco subject to marketing quotas at 75% of the average market price for the preceding year, as mandated by the Agricultural Adjustment Act of 1938.