Trinidad and Tobago's agricultural sector anticipates a significant surge in local produce prices in the near future, attributed to factors such heatwaves and cultivation disruptions. These issues are expected to diminish the supply of local produce, leading to heightened prices during the dry season.
Recent market trends have shown a notable increase in the price of tomatoes, now fluctuating between $10 to $12 per pound, a stark contrast to the $3 to $4 price range seen in previous dry seasons. Similarly, cucumbers, sweet peppers, and pumpkins have all seen price increases, with cucumbers reaching $8 to $10 per pound and sweet peppers doubling to $12.
The Norris Deonarine Northern Wholesale Market reported a 163% increase in ginger prices for January 2024, alongside a rise in celery prices from $30 to $40 per bundle. Nirmala Debysingh, CEO of the National Agriculture Marketing and Development Corporation, highlighted the price escalation in leafy vegetables and other produce such as cucumbers and tomatoes compared to the previous year.
Source: associatestimes.com
