Avocado Prices Could Surge on Small Mexico Crop

September 21, 2016 12:23 PM
 
 

Chips and guacamole seem to be a staple at football parities and tailgates in the fall. You could see a spike in prices while importers wait on Mexico’s crop to arrive.

Untimely rains and a late developing crop is slowing down avocados from south of the border.

Compared to 2015, volumes in July and August are down 15 percent. That short supply will push prices higher.

Last week, the USDA reported prices for a 48-count, two-layer box of the fruit between $55 to $57, double 2015 prices.

U.S. growers are all but wrapped up for the season.

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