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

06.04.2021 409 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
01.12.2025

India - KPRS sees irregularities in crop loss assessment, disbursal of relief

Karnataka Pranta Raitha Sangha (KPRS) has said that there are widespread irregularities in assessment and disbursal of compensation for crop loss caused due to the recent heavy rain and floods in Kalaburagi district.

01.12.2025

China - ADB Approves USD 141M Loan to Support Low-Carbon, Climate-Smart Agriculture in Sichuan Province

The Asian Development Bank (ADB) has approved a ¥1 billion (US$140.89 million) loan to advance low-carbon and climate-resilient agriculture in Sichuan Province in the People’s Republic of China.

01.12.2025

Australia - WA livestock methane startup Freemantle Seaweed raises $2.2 million in crowdfunded Seed round

Another startup looking to deal with cattle methane emissions using seaweed has raised $2.176 million in Seed funding.

01.12.2025

Bindwell Announces $6M to Advance AI-Designed Pesticides and Modernize Crop Protection

Bindwell, an AI-driven agricultural science startup founded by teenage entrepreneurs Tyler Roseand Navvye Anand, has secured $6 million in seed funding co-led by General Catalyst and A Capital, with additional investment from Paul Graham. 

01.12.2025

“Stagnant markets and aggressive imports call for a reflection at a European level"

As is typical for late November, Italian garlic supplies are dwindling, creating more space in the market for imported products.

01.12.2025

New study reveals barriers stopping Scottish farmers joining schemes

A new University of Stirling study has shed light on the obstacles preventing Scottish farmers from joining agri-environmental schemes, warning that red tape and financial uncertainty are discouraging widespread participation.

30.11.2025

EPA urged to ban spraying of antibiotics on US food crops amid resistance fears

Use of 8m pounds of antibiotics and antifungals a year leads to superbugs and damages human health, lawsuit claims.

30.11.2025

Desert locust outbreak threatens agriculture in southern Morocco, warns FAO

The desert locust outbreak in Mauritania and Morocco’s southern provinces persisted throughout November, with numerous hopper groups, bands, and small swarms continuing to move north, according to the latest FAO update.