![]() Price Schedule and Inventory Strips & Stems, Terms and Conditions
GRADE: The grademarks are USDA standard grades. USDA standard grades describes; position the tobacco came from on the tobacco plant; quality of the tobacco; color and ripeness. CROP YEAR: The year in which the tobacco is sold by the farmer on the auction warehouse market and processed by Stabilization. PRICE PER 100 KILOS: Ex-storage selling price per 100 kilograms. Other pricing (F.O.B., C&F;, etc...) is available upon request. QUANTITIES BY TYPE: Quantities are in case units (C-48IBT). Each case of strips weighs 200 kgs net. Each case of stems weighs 218 kgs net. Type determines the area in which the tobacco was grown and marketed as follows:
11-Northern North Carolina border and Virginia TOTAL: Total case units for all types for each grade.
Stems can be purchased only in conjunction with the purchase of strips. The quantity of stems allowed in a strip purchase is determined by a ratio established for each crop year as follows:
Terms and Conditions
All price quotations in this schedlue are value dated until April 30,
1997. Interest will be added monthly upon expiration of the value date.
Quantities are subject to change until confirmed. Payment 100% by
confirmed L/C - payable by sight draft upon presentation of shipping
documents to acceptable U.S. bank.
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