Clusterstock  Oct 3  Comment 
Monday through Thursday at the Monarch Room in New York City, executive chef Michael Citarella prepares his off-the-menu burger, the Monarch Burger. It's 8 ounces of all-natural, ultra-premium beef ground from a single steer with a 20% fat ratio....
Forbes  Sep 24  Comment 
There is often a gap between what we say and what we do. A goal to become a triathlete turns into giving up ice cream and spending half an hour at the gym a few times a week. A lush vegetable garden becomes a couple of tomato plants and some basil...
Wall Street Journal  Sep 22  Comment 
ConAgra reported a quarterly loss, as the food maker seeks a buyer for its struggling private-label business and invests more in reviving older brands such as Hunt’s tomato sauce and Reddi-wip dessert topping.
NPR  Sep 20  Comment 
The government's dietary guidelines recommend that adults consume 2.5 to 3 cups of vegetables a day, But USDA researchers found that only 1.7 cups per person are available.  Sep 17  Comment 
Read full story for latest details.
Southeast Farm Press  Sep 17  Comment 
Bob Kemerait, University of Georgia Beginning in 2013, peanut disease specialists began to see a gradual and troubling increase in peanut yield losses attributed to tomato spotted wilt, and this continues to the present...
The Hindu Business Line  Sep 14  Comment 
NRDC delegation to visit West African nation on Sept 29 to kick-start collaboration
The Australian  Sep 3  Comment 
It’s tomato planting season and the best advice you’ll get is to use a good sprinkling of sulphate of potash (SOP).
Southeast Farm Press  Aug 28  Comment 
It’s quite unusual for Georgia to dig peanuts in August due to later planting in the past years due to Tomato Spotted Wilt Virus, says Rome Ethredge, University of Georgia Extension coordinator in Seminole County. read more
New York Times  Aug 28  Comment 
About 15 years ago, a group of cabdrivers started an urban farm in the Spuyten Duyvil neighborhood. They grow corn, beans and tomatoes.


Tomatoes prices have followed in the footsteps of many other foodstock commodities such as wheat and corn for many of the same reasons: increasing prices for energy, farming chemicals, water, and labor have all contributed. A key trend driving the overall price hike for farmed commodities is the rise in corn production for ethanol; as farmers get paid higher prices for corn, many switch their land use to produce this energy feedstock, thus lowering the supply of other crops.

As a result, the price per ton of tomatoes has gone up from about $50 per ton from 2001-2005 to $63 per ton for the 2007 summer crop. [1]

Companies Hurt

  • H.J. Heinz Company (HNZ) sells 650 million bottles of ketchup a year and tomatoes are a key ingredient. Heinz's overall input costs--including corn syrup, another major ingredient--have been rising, and the company has not passed on the entire increased cost to consumers (i.e., Heinz's gross margins are shrinking)

Companies Benefiting

  • Monsanto Company (MON) purchased the then-biggest seed company in the world for $1 billion in 2005. Semini controlled about 23% of worldwide tomato seed market in 2005. Since then, tomato seed costs have tripled, from $300 to $900 per 100,000 seeds. Monsanto benefits from the increased prices of almost all farmed commodities, as the company produces a range of farming related products, including seeds, fertilizer and agri-chemicals.
  • Deere & Company (DE) is another company that benefits from a rise all agricultural commodity prices. The company produces machines used in the agricultural business.


  1. California Tomato Growers Association
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