Réunion: Tomato producers working at a loss

Published 2021년 10월 4일

Tridge summary

Tomato prices in Réunion have plummeted due to overproduction and the effects of the sanitary crisis, with prices dropping to less than 1 euro per kilogram from 6 euros per kilogram just a few months ago. This surge in supply has led to significant financial losses for producers, despite providing joy to customers. The situation is expected to improve in 3 to 4 weeks with the cessation of certain productions due to summer.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Another hard blow for Réunion growers after the sanitary crisis: tomato prices are dropping sharply, a considerable loss for producers who have invested upstream. Tomato prices at their lowestFarmers who sold their tomatoes at 6 euros/kg [7 USD/kg] a few months ago now see the prices drop considerably. Produced in large quantities, the tomatoes are now flooding the market stalls and selling for less than 1 euro/kg [1.2 USD/kg]. Although this is making customers very happy, the financial impact is significant for the producers: they are working at a loss. Customers are making the most of itOn the Saint-Pierre market, 1 kg of tomatoes only costs 69 euro cents [0.80 USD], which is two to three times cheaper than a few weeks ago. “They were at 4.50€/kg [5.2 USD/kg] a month ago,” according to a satisfied customer. The situation is the same on the wholesale market. All the professionals who get their supply of fruit and vegetables there are noting the drastic drop in tomato prices. “Two ...
Source: Hortidaily

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