Because of the monsoon deficit this year, vegetable prices, specifically tomatoes, have risen. Prices have reportedly risen to 80 per kg in the previous week due to a lack of supply, according to The Hindu.
A 15 kg crate of tomatoes was sold for ₹1,100 this weekend at the Kolar wholesale APMC market in Karnataka, according to reports.
Prices in Bengaluru are expected to grow higher in the months to come. According to a top executive at a grocery chain, tomato prices are projected to break the ₹100 level soon.
Tomato farmer on Tomato price:
Anji Reddy, a tomato farmer from Kolar, told the website that this year’s crop is smaller than last year’s. He also mentioned that once tomato prices skyrocketed last year, many tomato farmers switched to beans.
According to the farmer, crops have dried up owing to the monsoon deficit, and the tomato yield here may be only 30% of what it is normally.
Due to crop losses in Maharashtra, buyers from West Bengal, Odisha, and even for sale to nations such as Bangladesh are lining up in Karnataka markets.
It is the month of Ashadha, when no auspicious events are held, and rains are forecast for Karnataka. Typically, vegetable costs fall around this time of year.
However, a lack of rain has resulted in crop losses, resulting in a supply shortfall and high costs.
Vegetables were sold at higher prices:
Except for onions and potatoes, most veggies are becoming more expensive. The price of a kilogramme of beans, for example, ranges between 120 and 140 rupees, according to The Hindu report.
On the other hand, the price of some carrot cultivars is approaching ₹100. A kilogramme of capsicum with knol khol costs more than $80. An egg is now priced at about ₹7-8.
The Bruhat Bengaluru Hotels’ Association told the website that it is waiting and watching. The hotel owners’ body, however, would not exclude a price increase on the food menu.
According to PC Rao, the organization’s president, the increase in electricity tariffs has resulted in higher pricing for mill products like rice.
The Karnataka Milk Federation (KMF) has reportedly requested a 5/litre milk price increase, and a decision is anticipated, according to Rao.