Why Tomatoes Are the Most Expensive They've Been in Four Decades
6/11/202655 min
In April, the price of tomatoes was around $2.69 per pound — the highest seen in some four decades. And tomatoes aren't the only food getting more expensive. From cauliflower to lettuce, fresh produce is spiking all over the place. So what's driving the price spike? And what can tomatoes teach us teach about America's political economy including changes in trade and tariffs? Our guest today is Jacob Krempel, senior vice president of procurement and merchandising at the wholesale food distributor Baldor, and an expert in securing fresh produce. We talk to him about where America's tomato supply actually comes from, why consumers are paying more and more, how restaurants navigate price fluctuations, and the influx of novel new tomato varieties.
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First 90 secondsTracy Alloway· Host0:00
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Speaker 20:32
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Jacob Kremple· Guest0:37
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Speaker 20:41
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Joe Weisenthal· Host1:04
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Tracy Alloway· Host1:12
[upbeat music] Hello, and welcome to another episode of the Odd Lots podcast. I'm Tracy Alloway.
Joe Weisenthal· Host1:27
And I'm Joe Weisenthal.
Tracy Alloway· Host1:28
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