Prices moderating on avocados
From
| 7 September 2023
Overview of avocado pricing in the U.S. market, complemented by charts from Agronometrics. Original published on September 4, 2023.
Supplies of avocados are good as regions are shifting in their levels of supply. “Mexico is harvesting daily and that’s good,” says Calavo Growers Inc.’s Peter Shore, who notes that avocados are coming in from both of its packing houses in Michoacán and Jalisco. “Supply is improving daily and their seasonal curve is also improving to give a better mix of sizes.”
He says that California production is tapering off with only a few more weeks left in the season. “Also, Peru shipments will go through September but they’re starting to taper off as well.” Into the fall, Colombia will also be shipping as their season gets underway in October-November.
Holidays and avocados
As for demand, it’s good with various holiday bumps in demand. The 4th of July for example is a holiday with good ad activity for avocados and this weekend’s Labor Day is also seeing good demand.
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
As for pricing, higher pricing has been seen through the summer months. “However prices on larger sizes are moderating and I think we’ll have a really good mix of sizes and a lot of promotable sizes too,” says Shore. “Pricing and supply will come into balance and give a steady flow of fruit. Everything looks good to have a well-supplied fall and winter with avocados.”
The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.
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