Source: The Packer
Tomato prices plunged in late May as Florida returned to the market with big spring volume and lagging sales, with some mature-green f.o.b.s falling 75 percent in a two-week period.
On May 26, tomato prices dropped to $4.95 for 25-pound cartons of large, medium and small mature greens, down from $7.95 the day before and well lower than $19.95 in mid-May.
"The price is killing us," said Reggie Brown, manager of the Maitland-based Florida Tomato Committee and executive vice president of the Florida Tomato Exchange. "We're dying."