Tomato agreement with Mexico may cause price hike

February 12, 2013 12:48:57 AM PST
A recent agreement between the U.S. and Mexico could cause tomato prices to rise.

The two countries reached a deal last week to set minimum prices for tomatoes imported from Mexico. That's expected to translate into an increase of prices for Mexican tomatoes of about ten cents per pound.

Agriculture Secretary Tom Vilsack said the agreement will restore stability and confidence to the U.S. tomato market and ensure fair trade.