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

06.04.2021 547 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
27.04.2026

India - Crop Ruined by Parrots is 'Damage by Wild Animals', says HC; Gives Relief

Holding that citizens cannot be forced to bear losses caused by protected wild animals, the Nagpur Bench of the Bombay High Court has ruled that denying compensation to a farmer merely because parrots were omitted from a government list would breach principles of equality. 

27.04.2026

The World Bank: Agri-risk management in Bulgaria

CAP has steered Bulgarian agriculture toward greater resilience, but the sector continues to suffer from an absence of a comprehensive risk management strategy and limited research on internal and external risks, the report concludes.

27.04.2026

USA - Farmers Broaden Risk Strategies Beyond Crop Insurance Programs

Farmers and ranchers are using a broader mix of tools to manage risk as markets, weather, and policy uncertainty continue to shift. A new report from the USDA Economic Research Service shows savings and off-farm income remain the most common risk management strategies on U.S. farms.

27.04.2026

Nigeria - Firm, FG Disburse ₦396m Insurance Payout to Farmers in Four States

The Federal Government has partnered with Leadway Assurance and PULA Advisors to pay out N396.7m in insurance claims to smallholder farmers, in a move aimed at protecting Nigeria’s food system from worsening climate risks.

27.04.2026

Ghana Targets US$3bn Post-Harvest Loss With One Million Tonne Storage Plan

Ghana loses an estimated $3 billion worth of food to post-harvest losses each year, a figure nearly equivalent to the country’s entire annual food import bill, a senior government official has disclosed, as authorities outlined a national plan to build storage and market infrastructure to reverse the trend.

27.04.2026

Australia - Farmers in WA food bowl region take $25 million cyclone hit

Fruit and vegetable producers in Western Australia's Gascoyne are estimated to have suffered losses above $25 million from Tropical Cyclone Narelle.

23.04.2026

Canada - Agricorp pays out more than $253 million after challenging 2025 season with soybeans recording the biggest losses

As of mid April, Ontario farmers claimed more than $253 million in Agricorp production insurance for the 2025 season, more than double the $115 million claimed a year earlier. 

23.04.2026

USA - Cold damages Michigan apples, peaches and cherries, MSUE say losses uneven

Michigan State University Extension educators are expecting widespread but highly variable fruit damage across the state following this weekend’s low temperatures.