Avocado supplies are extremely limited as Mexico’s production has diminished more rapidly than anticipated. The California and Peruvian seasons are underway, but volume is not sufficient to support U.S./Canadian avocado demand over the next three weeks. The commodity avocado industry is in a demand-far-exceeds-supply situation.
- Production in the Michoacan growing region continues to decline; the season is ending
- The incoming summer crop from Jalisco is not meeting maturity standards; dry conditions have delayed harvests until late June
- Expect to make size and grade substitutions to help fill orders
- Suppliers are currently not quoting lid pricing: orders will be priced day of at market price
- Markets are escalating; extremely tight supplies are forecast for the next two to three weeks
- Volume is high in multiple growing regions; value-added suppliers use predominantly processor-grade Michoacan fruit
- Ready-Set-Serve Avocado Chunks and Pulp are recommended as substitutes when commodity stocks are not available
- Expect steady markets and ample supplies over the next two to three weeks
Please contact your Markon customer service representative for more information.
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