الجمعة، 4 نوفمبر، 2016

Everyone Relax: Avocado Prices Are Expected To Drop Soon

If you’ve been hoarding avocados, stop. First of all because what are you going to do with them once they’re ripe, and also because last month’s shortage is apparently over.

The New York Post notes that one reason for the shortage has now been resolved — a growers’ strike in Mexico — which means people should start seeing lower prices soon.

For example, at Fresh & Co., Chief Executive George Tenedios said the company paid $72 for a case of 48 avocados that last month cost $100.

“Avocados are flowing freely and abundantly into this country,” Emiliano Escobedo, executive director of the Hass Avocado Board, told the Post.

That being said, increasing demand for avocados mean prices will decline but won’t drop to traditional levels. Tenedios notes as well that although the shortage is over, the avocados his company is getting aren’t quite soft.

“We are getting product that needs four or five days to ripen,” he said.

Prices should continue to stabilize if the U.S. Department of Agriculture’s proposal to import avocados from Colombia goes forward.

Avocado prices will drop after costly October shortage [New York Post]


by Mary Beth Quirk via Consumerist

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