To understand why avocado prices are soaring, we start with California and Mexico and then end up with Chipotle and the Chinese Middle class.
Investors have been told that Avocado prices are nudging food costs up at Chipotle. At the end of last March, aggressive demand and lower supply from California made avocados more expensive. In its most recent Annual Report, the company even…
Although Fresh Direct did not really eliminate the avadcado pit, they could more accurately tell us that they were increasing avocado prices.
We could have a problem with our supply of Super Bowl guacamole if Mexico’s pipeline fuel thefts lead to avocado shortages.