Why your summer tomatoes cost so much
Tomato prices have surged due to severe weather in Florida and Mexico. Consumers face higher costs for this summer staple.

“This one was driven by the double whammy: the freeze in Florida and weather issues in Mexico, primarily drought,” says David Branch, executive director of the Wells Fargo Agri-Food Institute, which provides research and analysis on the food, beverage and agribusiness sectors. “Supply is going to level out, prices are going to tweak down. But we’re not going to have a huge supply increase” big enough to push prices down substantially.
US tomato prices rose by about 40% between January and April, the biggest three-month increase since 2006, consumer price index data shows. While prices eased slightly last month, they remain more than 30% higher than a year ago. Some Mexican states, meanwhile, are reporting price increases of more than 100% from the prior year.
Weather has long affected grocery store prices, but increasingly frequent bouts of extreme heat, drought and flooding are putting household budgets on the frontlines of climate change. As global warming intensifies, economists are expecting food-price shocks to become more common, raising the risk that higher grocery costs become a more enduring source of inflation.

As a result, wholesale prices for Roma tomatoes — which are largely grown in Mexico — and the mature green tomatoes often grown in Florida reached the highest levels in 25 years, says David Magaña, a senior analyst covering fruits and vegetables for Rabobank. Prices also stayed high for the longest period on record — more than two months.
“It’s not every year that you have weather events impacting both regions in the same month,” he says.
Higher prices spread beyond Roma and mature green tomatoes. As consumers looked for other low-cost substitutes, prices rose for other types of slicing tomatoes and cherry tomatoes. So-called processing tomatoes that are used in shelf-stable products like canned tomatoes, tomato paste and tomato sauces are harvested in the late summer in central California and haven’t been affected, Magaña says.
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