Avocado volume building after year of light supplies, high prices
Avocado volume building after year of light supplies, high prices
Aggregate Hass avocado volume in the United States from all sources totaled a record 1.28 billion pounds in 2010. But due to light crops, and particularly a light California crop, the first three quarters of 2011 saw a decline in volume — the first significant decline in over a decade — coupled with record-high prices.
With the new-crop harvest now underway in Mexico and Chile, both of which have larger crops for 2011-12 than they did a year prior, product availability was beginning to build and prices were moderating.