Tags: Avocado Price Surge Makes Guacamole Scarce

Avocado Price Surge Makes Guacamole Scarce

Image: Avocado Price Surge Makes Guacamole Scarce

An avocado shortage has driven prices up and squeezed guacamole supplies. (Msphotographic/Dreamstime.com)

By    |   Tuesday, 25 Oct 2016 09:22 AM

Avocado prices have surged over the past year because of a shortage, making guacamole scarce at supermarkets and restaurants around the country.

A California heat wave that destroyed much of its domestic avocado crop along with a grower's strike in Mexico this summer have created a double-whammy for the industry, the website Quartz.com reported last month.

Top that with high demand for guacamole among U.S. customers, and producers are currently feeling the squeeze, Quartz said.

"We're not going to have any avocados for anybody for maybe a week and a half," Cynthia Guzman, of Nature's Produce, a fresh fruit broker and distributor in Vernon, California, told CNBC. "We're seeing fruit out there at double the price it normally would be."

Officials told San Diego's KNSD-TV last week that avocado imports from Mexico to the United States are down from 40 million pounds weekly to 13 million two weeks ago.

"We have guacamole on our menu and right now it says it’s not available," Juan Carlos Recamier, the head chef and owner of Ceviche House in the San Diego neighborhood of North Park, told KNSD-TV. "It not only impacts mom and pop shops but the industry across the board."

Hormel Foods, which owns the nationally-sold brand Wholly Guacamole, said in a statement that it was monitoring the avocado shortage and working with its global supply chain to "minimize any potential business disruptions," CNBC reported.

CNBC wrote that Del Taco and El Torito Mexican restaurant chains ran out of guacamole briefly at some Los Angeles-area locations.

"We've been out of guacamole for four days now," Abigail Alfaro, of the Le Vecindad taco establishment in San Diego, said Friday, according to CNBC. "Hopefully we will get some avocados soon."

Ox Verte, a New York catering company, has been substituting sweet potatoes for avocados because of the shortage, Money magazine reported last month.

Quartz.com reported in September that the price of avocados in the southwest United States, the cheapest among anywhere in the country, jumped to the highest price ever at $1.65 per fruit. The website said that the price was double what it was six month ago.

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Avocado prices have surged over the past year because of a shortage, making guacamole scarce at supermarkets and restaurants around the country.
Avocado Price Surge Makes Guacamole Scarce
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2016-22-25
Tuesday, 25 Oct 2016 09:22 AM
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