Avocados Surge as Growers Hold Back Harvests
Mexican growers are delaying harvests in hopes of securing stronger end-of-season prices. As a result, average hass prices are up +54 percent over the previous week. Suppliers are turning to growers in California, Colombia, and Peru to help offset the sharp decline in volume. Prices and availability will likely remain volatile until at least mid-June, when Peruvian production is expected to accelerate. Read more here.