The guacpocalypse looks to be over, I am friggin pumped... Is it just me or did guacamole get absurd there for about a year? Big day for guac aficionados!
the great guac crisis of 2016 is over.
After suffering through an October avocado shortage that more than doubled the wholesale price of the creamy green fruit, guacamole lovers should start getting some relief real soon.
At the Fresh & Co. restaurant chain, Chief Executive George Tenedios this week paid $72 for a 48-piece case of avocados — down from $100 last month.
While the salad and sandwich joint was paying just $45 a case during the summer of 2015, Tenedios is happy to see prices head back down.
Fresh Direct was charging $2.50 per avocado on Thursday, up from an average US price of $1.04 in early October.
A work stoppage in Mexico, since ended, created the guacpocalypse.
“Avocados are flowing freely and abundantly into this country,” said Emiliano Escobedo, executive director of the Hass Avocado Board, a trade group representing the industry, said on Thursday.
Sales of avocados are among the fastest growing in the produce aisle, jumping 23 percent over the past two years.
Because of the increasing demand, industry experts say the price of avocados, while declining, will not return to traditional levels.
“I don’t believe the price will go back down to the $40s,” said Tenedios, who feels they will level off in the mid-$50 range.
While the shortage is over and prices are coming down, Tenedios, whose company goes through 19,000 avocados a week, said the avocados he is getting are not yet soft.
“We are getting product that needs four or five days to ripen,” he said.
the great guac crisis of 2016 is over.
After suffering through an October avocado shortage that more than doubled the wholesale price of the creamy green fruit, guacamole lovers should start getting some relief real soon.
At the Fresh & Co. restaurant chain, Chief Executive George Tenedios this week paid $72 for a 48-piece case of avocados — down from $100 last month.
While the salad and sandwich joint was paying just $45 a case during the summer of 2015, Tenedios is happy to see prices head back down.
Fresh Direct was charging $2.50 per avocado on Thursday, up from an average US price of $1.04 in early October.
A work stoppage in Mexico, since ended, created the guacpocalypse.
“Avocados are flowing freely and abundantly into this country,” said Emiliano Escobedo, executive director of the Hass Avocado Board, a trade group representing the industry, said on Thursday.
Sales of avocados are among the fastest growing in the produce aisle, jumping 23 percent over the past two years.
Because of the increasing demand, industry experts say the price of avocados, while declining, will not return to traditional levels.
“I don’t believe the price will go back down to the $40s,” said Tenedios, who feels they will level off in the mid-$50 range.
While the shortage is over and prices are coming down, Tenedios, whose company goes through 19,000 avocados a week, said the avocados he is getting are not yet soft.
“We are getting product that needs four or five days to ripen,” he said.
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