The Hindu Business Line  Jan 23  Comment 
Incentivises exports by offering up to 25 per cent of the overall transport cost  Jan 20  Comment 
Snow across Spanish farming areas means tomato, lettuce, pepper and celery shortage - and higher prices - may last into spring British shoppers have been told that shortages of courgettes, aubergines and many salad ingredients, including lettuce...
The Economic Times  Jan 18  Comment 
In some places, the most a farmer could get per quintal of tomatoes in Nov 2016 was Rs 760, compared to Rs 4,900 in Nov 2015, a whopping 85% fall.
DailyFinance  Jan 11  Comment 
Filed under: Finance, Companies Taco Bell is debuting a Chalupa that replaces a typical taco shell with fried chicken. The long-awaited "Naked Chicken Chalupa" will be available at all Taco Bell locations across the US beginning January...
New York Times  Jan 9  Comment 
The discovery suggests that the nightshade family of plants, which includes tomatoes, potatoes and peppers, has been around much longer than was previously thought.
Benzinga  Dec 23  Comment 
Looking to spend some quality time with your loved ones and catch a Christmas flick? In honor of 2016, here is Benzinga's guide to some of our top 16 Christmas movies. 1. "Die Hard" — Why not? John McClane battling terrorists during a...
Motley Fool  Dec 12  Comment 
It's a treat that's not likely to come to the United States that shows how the chain tailors its menu to local tastes.
DailyFinance  Dec 9  Comment 
Filed under: Lifestyle, Healthy Vegan Tuscan Lentil Soup! Healthy lentil soup with an Italian flair. So delicious and perfect for winter! After my recent trip to Italy, I've been partial to cooking with the flavors of Tuscany: tomatoes,...
DailyFinance  Nov 30  Comment 
Filed under: Entertainment, Celebrity News Shannen Doherty continues to do the things she loves amid her battle with cancer. On Tuesday, the former Beverly Hills, 90210 star shared a photo on Instagram of herself and mother Rosa holding an...
The Hindu Business Line  Nov 25  Comment 
It is the second-largest market for tomatoes in Asia (after Pimpalgaon, Nashik) and the largest in South India. Yet, the APMC market in Kolar, 70 km from Bengaluru, does not even have a bank branch or...


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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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