New York Times  Oct 17  Comment 
Once a tomato is picked from the vine, there’s only one thing you can do to preserve its flavor: Keep it out of the fridge.
The Hindu Business Line  Oct 12  Comment 
Traders suspend exports of the berries; ginger, lemon shipments also halted
New York Times  Sep 28  Comment 
Savor the new wave of recipes or go off road with an easy tomato salad dinner.
Southeast Farm Press  Sep 22  Comment 
Xavier Martini, Mathews Paret, Josh Freeman, UF/IFAS Outbreaks of sweetpotato whiteflies have been recorded recently in the Florida Panhandle and south Georgia on tomatoes and other vegetables. This arrival of whitefly is...  Sep 9  Comment 
Dismal sales hot up price war as supermarket follows rival Morrisons in slashing prices of several products Asda is to cut prices on fresh meat and own brand essentials such as tomato ketchup and instant coffee by an average of 15% in the latest...
Forbes  Sep 8  Comment 
With too few workers in the fields, the way food is produced?and which kinds?will shift.
New York Times  Aug 29  Comment 
Tomato crops worldwide are being ravaged by a moth no larger than an eyelash. It was introduced to Europe in 2006 via a container of infested tomatoes
Southeast Farm Press  Aug 29  Comment 
Virginia Tech Scientists warn that the leafminer, which primarily threatens tomatoes but also devastates other crops, is a risk to food security and agricultural production in countries where it invades. read more
Forbes  Aug 22  Comment is quickly becoming Broadway's online hub. It's also the only place in the world for producers to get data on their audience's taste - insight that's worth millions.  Aug 9  Comment 
MIAMI-DADE-COUNTY (dpa-AFX) - Burger King's latest new menu item is the Whopperito, which contains traditional Whopper burger ingredients like beef, onions, lettuce, tomatoes and pickles inside a flour tortilla. Meanwhile, the traditional...


Error creating thumbnail
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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki