[ NTA, May 18, 1995 ]
1995 FLOOR PRICES OF AIR-CURED BURLEY LEAF TOBACCO
Effective immediately, the minimum prices per grade/kilo of Native (Dark) Cigar Leaf Tobacco for the provinces of Cagayan, Isabela, Nueva Vizcaya, Ifugao and Quirino (Region II) are as follows:
HIGH GRADE P28.00(Primera, Segunda, Tercera Quarta Superior)
MIDDLE GRADE
M - 1 (Quarta Buena, Quinta Buena) 22.00
M - 2 (Quarta Contrata, Quarta Corriente) 18.00
LOW GRADE
L - 1 - Quanta 13.50
L - 2 - Sexta 7.50
This Memorandum Circular is being issued pursuant to the regulatory powers of the National Tobacco Administration under Executive Order No. 245 and after a consultative conference with all sectors concerned which was conducted on May 17, 1995 in Ilagan, Isabela.
All concerned are enjoined to observe strictly the aforesaid floor-farm gate prices of crop 1995-96 native (Dark) cigar leaf tobacco grown in Region II.
Be guided accordingly.
Adopted: 18 May 1995
(SGD.) JOAQUIN T. ORTEGA
Administrator