Updated
Updated · Bloomberg · Jun 11
Tomato Prices Hit $2.69 a Pound, Highest in 40 Years as Produce Costs Surge
Updated
Updated · Bloomberg · Jun 11

Tomato Prices Hit $2.69 a Pound, Highest in 40 Years as Produce Costs Surge

3 articles · Updated · Bloomberg · Jun 11

Summary

  • $2.69 per pound in April put tomatoes at their highest price in roughly four decades, marking one of the sharpest jumps in fresh produce costs.
  • Cauliflower, lettuce and other vegetables are also getting more expensive, pointing to a broader produce inflation wave rather than a tomato-only shortage.
  • The spike reflects shifts in where U.S. tomato supply comes from and how trade and tariff changes feed into consumer prices.
  • Restaurants and food distributors are having to manage bigger price swings, while newer tomato varieties are also reshaping what reaches buyers.

Insights

Can new high-tech domestic farms shield consumers from soaring global food prices?
Are tariffs on food imports helping or hurting American families at the checkout?
How can artificial intelligence fix our food supply chain before the next crisis hits?