Tomato Supply Squeezed

The record-breaking cold spell that affected Florida for almost two weeks straight in January hit many growers hard, especially tomato growers. Almost 70% of the early spring crop was destroyed.

Advertisement

Fresh tomato prices have been impacted greatly. Reggie Brown, executive vice president of Florida Tomato Growers Exchange, is reporting that a 25-pound box of tomatoes is trading for $30, compared with $6.45 a year ago. The prices are expected to take a tumble in April as South Florida’s crop, which appears in tact, comes on line.

The current shortage in fresh tomatoes have restaurants scrambling to adjust their menus and/or ration what they have. It also has forced supermarkets to consider more imports.

For more on that angle, click here to see Wall Street Journal’s coverage of this topic.
 

Top Articles
Study: Biostimulant Technologies Help Water Use in Almonds

0