Oil price threat to tomato business

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Oil price threat to tomato business

Post by GD on Mon 23 Jun 2008, 2:08 pm

ONE of Jersey’s biggest tomato growers says he may have to all but quit the business because of soaring oil prices.
Stanley Payn’s family have been growing tomatoes at Fauvic for 100 years, but trading conditions have become so difficult that he says it is becoming increasingly hard to make ends meet.
The problem is that supermarkets are refusing to increase the price they pay for tomatoes even though production costs have spiralled. As a result, Mr Payn has revealed that he is unlikely to export any tomatoes to the UK next year and will just grow a small amount for the local market.
Mr Payn, who is the proprietor of Fauvic Nurseries and Holme-Grown, said that his farm grew around 25 per cent of the Island’s export crop. The industry is worth an estimated £6 million a year. (from thisisjersey)

You only have to take a look around Guernsey to see how few greenhouses are left, because of the price of oil...
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Re: Oil price threat to tomato business

Post by Pegasus on Tue 24 Jun 2008, 7:35 am

It seems that any industry or buisness that is reliant on oil is going to suffer, and so will we

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Re: Oil price threat to tomato business

Post by Spirit on Tue 24 Jun 2008, 7:37 am

Not just oil, any industry which is highly reliant on energy is having a hard time.

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