Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • MONA unveils concept for new Bangkok museum
  • Malaysia’s Workplace Mental Health Strategy Must Be Family Centred — June Joseph
  • DIEZ and Salik partner to roll out smart mobility solutions across Dubai free zones – Fast Company Middle East
  • India Buys the “AWACS Killer”: 300 Russian Super-Missiles | Afterburner
  • Japan v France – Teams and Prediction – france
  • NTT Debuts Financial AI Fabric at LEAP East as Strategic Infrastructure Roadmap to Meet Hong Kong’s Financial AI Demands
  • Garuda Indonesia Passengers to Get Up to 64kg Checked Baggage Thanks to New Piece-Based Policy
  • Ajmal Makan Hosts Broker Open House Event In Dubai
  • China, Pakistan urge US, Iran to cease hostilities, resume dialogue
  • Root delighted with England’s tense chase against India 
  • From Australia to Hong Kong: Wokingham welcomes 27 new citizens – Wokingham.Today
  • UAE citizens able to renew Emirates ID up to one year before expiry under government drive
  • Hong Kong’s Uncertificated Securities Market What Listed Issuers Need to Know
  • NatWest shrinks UK headcount while Indian workforce jumps 43%
  • Bybit enters Indonesia after NOBI acquisition with 500+ pairs
  • Japan relaxes royal succession rules – but ban on female emperors remain – BBC
  • Malaysia now looks to make its own missiles after Norway deal fails
  • Bangkok Post – Last Thai standing: Kunlavut storms into Tokyo quarters
Friday, July 17
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore industries/sectors»Food Processing»Tomatoes Become Latest Symbol of America’s Affordability Squeeze
Food Processing

Tomatoes Become Latest Symbol of America’s Affordability Squeeze

By IslaMay 29, 20264 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


NEW YORK (AP) — Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs.

Prices for those red orbs have soared more than any other food product over the past year to cement a spot as one of the consumer headaches du jour.

“The tomato has become a symbol of something much deeper,” says Isaac Bernal Carbajo, a New York City chef who lamented life’s “simplest pleasures” falling victim to price increases. “Something as basic as buying fresh vegetables is starting to become a serious financial decision for many families.”

Tomato prices are up about 40% over a year ago, according to the latest Consumer Price Index, dwarfing increases for other groceries, including coffee (up 18.5%), beef roasts (up 17.8%) and frozen fish and seafood (up 12%), among other products that have become symbols of America’s affordability squeeze.

A separate inflation gauge released Thursday showed that overall prices increased 3.8% in April from a year earlier, the highest reading in nearly three years.

Alongside crop yields, experts blame price increases for tomatoes, in part, on two pillars of President Donald Trump’s second-term policies: the Iran war and tariffs. The war spiked gas prices and increased shipping costs. Meantime, the U.S. withdrew from a deal allowing duty-free imports of tomatoes from Mexico, which grows most of America’s supply.

Usha Haley, a Wichita State University economist, says it’s “a perfect storm of trade policy, extreme weather and Mideast policy.”

American tomato farmers cheered the withdrawal from the tomato deal last July, saying it would help rebuild their shrinking industry. But for consumers, it’s been painful. Though the U.S. withdrew from the Mexico tomato deal in July, it took time to see the impact in the produce aisle, with more imports in late winter and early spring.

When the tomatoes arrived, they were slapped with a 17% tariff.

“Tariffs are undeniably a big driver of the price inflation,” says Brett Massimino, a Virginia Commonwealth University business professor. “Because the U.S. relies on Mexico for the majority of its tomato supply, any changes in trade policy can have a large impact.”

U.S. tariffs collected on tomatoes ballooned from just $16,424 in 2024 to nearly $4.6 million, according to federal data, a staggering 27,879% increase.

As the cost trickles down, outraged shoppers have pulled out their phones in the produce aisle, shooting videos lamenting costs they said quadrupled, with some vowing to plant a garden to avoid prices of up to $8 a pound. But the impact has been most pronounced for businesses that rely on tomatoes as a key ingredient in their kitchens.

MarginEdge, which tracks prices for restaurants, says grape tomatoes have increased most — 65% in just a month — but prices have gone up across all types of tomatoes.

Phillip Coles, a professor of supply chain management at Lehigh University, says prices should drop later in the year when domestically grown tomatoes are harvested. Higher prices, he says, will also “induce farmers to increase planting to meet the demand, but this takes longer because of the lead time.”

Meantime, it’s translating to a big hit for businesses like Snarf’s Sandwiches, which puts a tomato in nearly every sandwich it makes.

Wayne Humphrey, chief operating officer of Snarf’s, which operates dozens of stores in Colorado, Missouri and Texas, said cases of tomatoes went from costing him $27 to $93 in the space of a year, piled on top of rising expenses for other ingredients including bread and beef, as well as increased labor costs.

“That single ingredient now costs us more than $1.7 million in additional spend annually,” says Humphrey. “The math is getting harder to ignore.”



Source link

Related Posts

Propylene Glycol USP Market Growth Outlook to 2035: Pharmaceutical and Food Sector Demand Accelerates – News and Statistics

July 17, 2026

Our Home To Close Las Vegas Chip Plant

July 16, 2026

China is funding African farmers but not food processing and storage: why it’s a problem

July 15, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026
Don't Miss

MONA unveils concept for new Bangkok museum

By IslaJuly 17, 2026

Hobart’s Museum of Old and New Art (MONA) has announced it is developing “a major…

Malaysia’s Workplace Mental Health Strategy Must Be Family Centred — June Joseph

July 17, 2026

DIEZ and Salik partner to roll out smart mobility solutions across Dubai free zones – Fast Company Middle East

July 17, 2026

India Buys the “AWACS Killer”: 300 Russian Super-Missiles | Afterburner

July 17, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Hong Kong’s Uncertificated Securities Market What Listed Issuers Need to Know

By IslaJuly 17, 2026

NatWest shrinks UK headcount while Indian workforce jumps 43%

By IslaJuly 17, 2026

Bybit enters Indonesia after NOBI acquisition with 500+ pairs

By IslaJuly 17, 2026
Most Popular

Canton Fair spotlights dual-market strategies of Chinese exhibitors

May 3, 2026

Japan revises AI strategy amid frontier AI threats

July 2, 2026

From oolong tea to scorpionfish soup, 3 millennials’ quest to brew a new wave of local flavours

June 28, 2026
Our Picks

Indonesia exports yoghurt to Vietnam for first time as dairy shipments surge in 2026

May 7, 2026

LTR Pharma Executes US Commercialisation Agreement with Shed DTC Platform

July 17, 2026

Air India retrofit enhances comfort with RECARO seating

April 21, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.