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D-auction-floor Dictionary

Auction floor

A sales floor where tobacco bales are sold to the highest bidder

An open dictionary on a farm office desk
Plain meaning
A sales floor where tobacco bales are sold to the highest bidder
How to use it
Compare auction and contract prices before choosing a channel.
South African benchmark
South Africa's small tobacco sector sells mainly under contract rather than at auction (Article 121).
Country notes
Zimbabwe's auction floors averaged US$1.90 per kg in 2026.
Go and read
M19-U2, M19-U6, C2 Lesson 2.3
Calculate it
T-M19-05 Market Price Comparator
Library sources
LIB-A019, LIB-P-Tobacco, LIB-P-Tobacco-IP
Tobacco: the product, the five stages of the business, the unit it is sold by and where it is producedTobacco: how the business runsSold bykg of cured leaf per hectare1Seedbed2Transplant3Reap leaves4Cure in barn5Auction or contract floorZAZWZMBWNAProduces commerciallyImports most needsZA South Africa, ZW Zimbabwe, ZM Zambia, BW Botswana, NA Namibia
From the Tobacco Major, where this term is introduced.

Introduced in M19 Tobacco.