This will not be known until the quota is announced but we have used the minus three percent alternative, or the same as last year. A component that is known is the average exports. Unfortunately, this figure keeps declining rapidly. This is the three-year average of exports and is 333.3 million pounds, down from 344.8 last year. The two different quotas included in formula calculations are the basic and effective quota.
Effective quota is the basic quota plus or minus quota carryover from last year.
The alternatives shown in the next table are for the total flue-cured belt. For individual farmers, the important figure is the basic quota and their individual farm carryover quota or quotas they rent. Effective Quota 798.5 924. Larger of 15 percent of previous Basic Quota or 100 mil. Some figures are preliminary and will change.