California's worst drought in more than 1,200 years has come for the country's tomatoes.
, it costs the grower and processor around $4,800 an acre to grow and harvest a tomato crop right now, compared to $2,800 a decade ago.
Tomato supplies have dropped drastically because of the drought and all of these other factors, leading experts to warn that vendors reaching out to suppliers for tomato-based items might find supplies are either prohibitively expensive or simply out of stock. This happenedas well, but this year, the drought is making it worse. That eventually will make its way to the everyday tomato lover and their dinner table.
Because there’s no substituting the taste of a real tomato, folks will typically pay more for the wonderful things made with them — in fact, they already have been. According to market research firm IRI, the price of tomato sauce in the four weeks since July 10 has risen 17% from that same time period a year ago, while ketchup is 23% higher and salsa is up 13%.The Consumer Price Index, a measure of inflation across industries, found that prices economy-wide have increased 8.
by the USDA, prices for all food are now predicted to increase between 8.5% and 9.5% in 2022. Additionally, the index found the level of inflation for grocery store or supermarket food purchases increased 11.9% in that same timeframe.
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