Vegetable prices crash up to 80% since January, deepening farm distress
Vegetable prices have fallen sharply since January. Potatoes are down 40 percent, onions 50 percent, and tomatoes up to 80 percent. This is due to a supply glut and peak harvest arrivals. Staples like wheat and rice have also eased. Farmers face distress as prices are below cost. Consumers are getting relief from inflationary pressures.