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Clusterstock
May 7
Comment
"Assault on Wall Street," a new movie from director Uwe Boll, hits theaters for limited release on Friday.
Below is the synopsis, via Rotten Tomatoes:
A security guard for an armored truck, Jim (Dominic Purcell), is a blue-collar New Yorker...
Southeast Farm Press
May 6
Comment
By Brian Wallheimer, Purdue University
Tomatoes grown around LED lights in the winter can significantly reduce greenhouse energy costs without sacrificing yield.
read more
The Hindu Business Line
May 5
Comment
Season demand in the coming days may push tomato market back into positive territory.
Steady demand
Heavy arrivals in the market coupled with steady domestic demand pulled tom...
guardian.co.uk
May 4
Comment
Transported to Spain, BBC's MasterChef looks rather less fine. Plus where BBC 'talent' learned their bullying tactics
The formats BBC Worldwide sells around the globe don't always seem quite the same in foreign parts. While MasterChef UK was...
Southeast Farm Press
May 3
Comment
By Chris Bickers, Contributing Writer
Muscadines, tomatoes making progress
It was a very cold spring for North Carolina strawberries, and as a result it...
Sydney Morning Herald
Apr 30
Comment
Three men have been jailed in Melbourne over 4.4 tonnes of pills hidden in tomato tins from Italy, found in Australia's biggest ecstasy bust.
The Hindu Business Line
Apr 29
Comment
FMCG company Ruchi Soya Industries today signed an agreement with Japan’s Kagome and Mitsui to set up a joint venture (JV), RuchiKagome, to manufacture tomato products in India.
“Currentl...
The Hindu Business Line
Apr 28
Comment
An increase in arrivals coupled with steady domestic demand pulled tomato prices down by Rs 50-300 a quintal for the different varieties, on Sunday.
Around 950 crates (of 25 kg each) of d...
The Hindu Business Line
Apr 21
Comment
Lower arrivals in the market pushed up tomato prices on Sunday by Rs 300-500 a quintal for the different varieties.
Around 750 crates (a crate is 25 kg) of different varieties of tomatoes...
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more ▼WIKI ANALYSIS
WIKI ANALYSIS
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This article describes a commodity traded on a commodities exchange. View articles referencing this commodity. |
TOP CONTRIBUTORS
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.
References
- ↑ California Tomato Growers Association
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