South Africa

Heavy rains cost tomato industry approximately R100 million in December alone

Heavy rains have cost South Africa's tomato industry at least R100 million in December alone. This summer, South Africa saw some heavy rainfall. According to Clive Garret, marketing head of ZZ2, South Africa's largest tomato producers, the tomato industry saw losses of some R94 million in December.

"If one takes a conservative price of R7/kg and a shortage of 500 tons per day, then the loss for December would be in the region of R94 million," Garret said.

As a result of decreased tomato volumes delivered to markets, prices moved shot up from R7 per kilogram to R12 per kilogram between the start of December to the end, an increase of 71%. However, volumes have already started to improve and no significant impact on the volumes is expected this year, he said.

[ R1 = € 0,057 ]

Source: businessinsider.co.za


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