The US government officially ends tobacco price supports, 20 years after the program ended
What happened
The US Department of Agriculture is removing old rules that once supported tobacco prices. These rules became obsolete in 2004 when Congress ended the tobacco quota and price support system.
Why it matters
The US government used to guarantee a minimum price for tobacco and limit how much farmers could grow. This system ended two decades ago, but the old rules stayed on the books. Removing them now cleans up the regulatory landscape, making it clear that the government is no longer involved in managing tobacco prices or production.
The signal
Watch for similar clean-up efforts across other agricultural programs where the underlying laws have changed but the regulations have not.