Frost hits tomato prices, leading to 100-300% increase

February 2011, Sinaloa experienced severe frost that caused significant damage, affecting over 50% of the total planted production of tomatoes, cucumbers and squash, as well as one-third of the production of tomatillos and chili peppers. This led to a 100% increase in tomato prices in Sinaloa and significant price increases in other cities. The frost also had a significant impact on vegetable prices in the US, where it was reported that tomato prices increased by 300% compared to last year's prices.

Source: Arellano Gonzalez, J., Juarez-Torres, M., & Zazueta Borboa, F. (2023). Temperature shocks and their effect on the price of agricultural products: Panel data evidence from vegetables in Mexico (No. 2023-02). Working Papers.