Tomato Prices in India Skyrocket, Triggering Theft and Turmoil

1 min read
Source: CNBC
Tomato Prices in India Skyrocket, Triggering Theft and Turmoil
Photo: CNBC
TL;DR Summary

Tomato prices in India have surged over 300% due to extreme weather conditions, including flooding in major tomato-producing states. The rise in prices has led to thefts of tomato crops and even caused some McDonald's outlets to drop tomatoes from their menu. The government has invited the public to a Tomato Grand Challenge Hackathon to find solutions to improve the tomato value chain and lower prices. The tomato mosaic virus has also contributed to crop damage. Prices are expected to calm down next month when the summer crop supplies arrive.

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