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The wholesale price of avocados increased from $30 per case to $80 per case within a single week.
Two freezes in Florida during the recent winter destroyed 80% of the state's tomato crop, resulting in a financial loss exceeding $150 million.
Mexico's tomato production for the U.S. market declined by 3% to 4% this year, partly due to an anti-dumping tariff of over 17% implemented in July of last year.
The average price for a case of tomatoes reached $65 for the entire month of May.
The price spread between wholesale and retail beef is at an all-time high, both in dollar and percentage terms.
The percentage difference between the wholesale and retail price per pound of beef has increased from approximately 30% two decades ago to around 40-45% today.
The cost for a team-drive truck from Salinas, California, to the U.S. East Coast has increased from $10,000-$11,000 eight months ago to a recent high of $16,000-$17,000.
The cost of food represents approximately 30% of a restaurant's overall costs.
The cost of goods sold for a food retailer is approximately 70-75% of their total costs, significantly higher than for a restaurant.
In the foodservice industry, produce pricing adjusts rapidly both upwards and downwards because professional chefs are more knowledgeable about market conditions than average retail consumers.
Tomato prices have increased by approximately 40% year-over-year.
Recent data indicates that tomato prices have reached a record high of $2.69 per pound.