Home/MARKETS/RUSSIA_CIS/Article
MARKETS

Tobacco Board reduces Andhra Pradesh FCV crop target to 81 million kg for 2026-27

Tobacco Board, under Chairman Chidipothu Yashwanth Kumar, has established a target of 81 million kg for FCV tobacco crop in Andhra Pradesh for 2026-27 season. This marks a significant drop from last year's 142 million kg. The decision, driven by sluggish demand, will be backed by a new high-level committee tasked with recommending reforms in the sector.

BRIC Team
BRIC Team
Jun 26, 2026 · 1 min read · 5 views
Tobacco Board reduces Andhra Pradesh FCV crop target to 81 million kg for 2026-27

Key Takeaways

  • The Tobacco Board set the FCV tobacco crop target for Andhra Pradesh at 81 million kg for the 2026-27 season, down from 142 million kg last year.
  • Chairman Chidipothu Yashwanth Kumar led the board's 168th meeting on June 25, 2023, discussing crucial market conditions.
  • The actual production for the 2025-26 FCV crop reached an estimated 236 million kg despite a target of 142 million kg.
  • A new high-level committee will recommend reforms in the auction system and marketing framework to support farmers.
  • Sluggish demand and unfavorable international market conditions influenced the board's decision to significantly lower the production target.

Tobacco Board has set Flue Cured Virginia (FCV) tobacco crop target for Andhra Pradesh at 81 million kg for 2026-27 season,a sharp drop from last year's target . Decision came during board's 168th meeting on June 25. Reflects market realities and seeks to safeguard farmers .

Chairman Chidipothu Yashwanth Kumar led meeting,joined by key figures like Executive Director B. Vishwashree,B. Mahesh,Member of Parliament,and Sheshu Madhav, Director of ICAR-NIRCA . Board reviewed purchase requests from buyers,looked at domestic and international trends before finalizing crop size.

Last year,target for 2025-26 FCV crop was 142 million kg,but actual production hit 236 million kg. Sluggish demand during marketing periods and weak global market conditions pushed board to slash target for coming season .

Besides cutting crop size,board decided to set up high-level committee with all stakeholders . This group will suggest reforms in auction system,procurement,crop regulation,and marketing framework. Aiming to improve FCV tobacco sector and support farmers .

#Andhra Pradesh

Share this article

Related Articles

Texas Capital rates Andersons (ANDE) as Buy, citing renewable feedstock exposure

Texas Capital rates Andersons (ANDE) as Buy, citing renewable feedstock exposure

On June 18, Texas Capital assigned a Buy rating to Andersons, Inc., setting a price target of $110, thanks to its robust standing in U.S. ethanol market. CEO William Krueger revealed that the largest renewable volume obligations for 2026 and 2027 have been finalized, indicating substantial growth potential for the company.

BRIC Team

Jun 26, 20260
US and Iran agreement boosts ship traffic in Strait of Hormuz by 40 vessels

US and Iran agreement boosts ship traffic in Strait of Hormuz by 40 vessels

United States and Iran have recently struck a deal that has boosted maritime traffic in Strait of Hormuz, with reports of 30 to 40 vessels crossing this week. However, Iran's attack on a cargo ship has added complexity to the situation, leading the UN to halt its evacuation plan and sparking worries about Iran's grip on this vital waterway.

BRIC Team

Jun 26, 20260
NAREDCO Mysuru outlines growth roadmap during June 23-24 conclave in Bengaluru

NAREDCO Mysuru outlines growth roadmap during June 23-24 conclave in Bengaluru

National Real Estate Development Council (NAREDCO) held a two-day meeting June 23 to 24 at Zion Hills Golf County in Kolar. Discussions centered on challenges and opportunities within real estate sector. Former NAREDCO President G. Hari Babu highlighted industry's growth potential through 2047, stressing importance of land banking in job creation.

BRIC Team

Jun 26, 20262 views
Kerala Minister Sunny Joseph announces power cuts due to electricity supply shortage

Kerala Minister Sunny Joseph announces power cuts due to electricity supply shortage

Kerala's Electricity Minister Sunny Joseph revealed that nighttime power cuts are affecting the state due to a lack of electricity from neighboring regions. He pointed out that Kerala State Electricity Board can only buy power at rates exceeding ₹10 per unit, urging citizens to cut back on their usage as conditions deteriorate.

BRIC Team

Jun 26, 20262 views
Gazprom to launch Belogorsk-Khabarovsk gas pipeline in 2026, CEO announces

Gazprom to launch Belogorsk-Khabarovsk gas pipeline in 2026, CEO announces

Gazprom CEO Alexey Miller revealed plans to launch Belogorsk-Khabarovsk gas pipeline in 2026. This project is a crucial component of Eastern Gas Supply System megaproject, designed to improve gas transmission throughout Russia and stimulate economic growth in Eastern Siberia and Far East.

BRIC Team

Jun 26, 20266 views
Kerala Excise Minister M. Liju confirms low-alcohol beverage sales depend on liquor policy

Kerala Excise Minister M. Liju confirms low-alcohol beverage sales depend on liquor policy

Excise Minister M. Liju shared that Kerala's liquor policy is still in development, affecting future sales of low-alcohol beverages. He highlighted that decisions regarding these drinks depend on the completion of the liquor policy, essential for brand registration approvals.

BRIC Team

Jun 26, 20266 views