India - Tomato farmers stare at loss asprice crashes on bumper crop

06.04.2021 1252 views
Tomato farmers in the district have stopped harvesting the crop and feeding it to cattle as price has dropped to Rs 5 for a kilogram from Rs 25 a month ago. Tomatoes are cultivated in about 5,000 hectares in areas like Thondamuthur, Narasipuram, Thenkarai, Nachipalayam and Theethipatti here. Price has touched a three-year low, said A Jagannathan, an Alandurai-based farmer. "Last year, we sold 12kg (a box) for Rs 300 to Rs 400. Now, we are selling the same quantity for Rs 70 to Rs 80," he told TOI. "Farmers in the region had spent over Rs 1 lakh for cultivating tomatoes in an acre. They will have to spend a few thousand more to harvest and transport tomatoes to commission mandis. We have to pay a farmhand Rs 800 a day to harvest 12kg tomatoes. We also need to spend at least Rs 25 for transporting a box. As farmhands from nearby districts including Salem are yet to reach the district, we are witnessing labour shortage. Wages have gone up," Jagannathan said. Only marginal farmers are harvesting and sending tomatoes to markets, said P Kandasamy, state secretary of the Tamil Nadu Farmers' Association. “An oversupply has resulted in tomato prices crashing. As they don't want to bear a huge loss, farmers have stopped harvesting and are feeding it to their cattle," he said. Tomatoes are sold in the market for Rs 10 to Rs 25, said vegetable trader Ramaraj. "This year, tomato production has gone up by 50% due to good rain, leading to price crash." Source - https://timesofindia.indiatimes.com
09.11.2026

USA - Modernizing crop insurance to strengthen agricultural resilience

American agriculture stands at a turning point. Increasingly severe weather and water risks are driving billions in losses — more than $20 billion in 2024 alone — increasing farmers’ financial exposure and an urgent need for more adaptive insurance solutions. 

09.11.2026

Afghanistan - Greenhouse expansion raises concerns over soil, environmental damage

While greenhouses help boost agricultural production and meet market demand, experts warn that the excessive or unbalanced use of chemical fertilisers, water shortages and improper disposal of agricultural plastics can damage soil fertility and the environment.

09.11.2026

USA - Illinois Launches Cover Crop Insurance Savings Program for 2027

The Illinois Department of Agriculture (IDOA) is offering its insurance discount program for cover crops for the eighth year.

09.11.2026

Brazil - Interest rates and credit top agribusiness concerns

Participants call for fiscal adjustment, agricultural insurance, and policies aimed at the sector.

09.11.2026

USA - Revenue Protection crop insurance with harvest option see higher price guarantees in 2026

Prices remain below estimated break-even levels, underscoring the importance of crop insurance as farmers manage elevated production costs and tight margins heading into 2027. 

09.11.2026

Spanish kaki supply could be compromised by CO₂ gas shortages

In the coming days, the supply of Spanish kakis could be compromised due to a shortage of CO₂ gas, a key component in the deastringency process that makes the fruit marketable.

08.11.2026

Tanzania Secures $997,000 AfDB Grant to Expand Climate Insurance for Farmers

The project, titled “Bridging the Agricultural Risk Protection Gap to Scale Climate Smart Insurance,” is expected to benefit 300,000 farmers across 15 regions of Tanzania.

08.11.2026

India - Pune’s Crop Insurance Test Begins as Drought Cuts Kharif Yields

Pune’s crop insurance system is now facing a significant test after crop-cutting experiments recorded a 20-22% decline in soybean productivity and a 15% fall in maize production during a drought-affected kharif season.