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North Carolina Tobacco Farmers Eye 21 Percent Cut.

By Kristin Collins, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News

Dec. 5--North Carolina tobacco farmers were bracing Thursday for what could be the biggest production cut since the industry started its downward slide six years ago.

U.S. tobacco companies announced Wednesday that they intend to buy 29.5 million fewer pounds of domestic flue-cured tobacco in 2004 than they did this year. And by Thursday, tobacco experts and farmers had figured out what that drop could mean when combined with falling exports and a surplus of Ameri

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