Demand Exceeds Supply & Price Spike!
The avocado market is still suffering nation-wide. The season is coming to a close and inventory is EXTREMELY LIMITED. Prices have remained as high as $100++ per case for the last few weeks. Due to the limited supply from Mexico and Peru, we are anticipating the market will stay tight over the next few weeks as all areas in the country are pulling from the same growing regions.
We expect the overall avocado market and supplies to improve as we get into October. Expects to see price relief late October to early November as the Mexican volume ramps up.
We will keep everyone informed as we hear from our growers/shippers.