droughts, storms and global demand tests america s love affair with avocado /

Published at 2018-01-25 17:58:53

Home / Categories / Business and finance / droughts, storms and global demand tests america s love affair with avocado
Looking for the last avocadoALTHOUGH original Yorkers are not renowned for their patience,they do not seem to intellect waiting their turn for a fresh serving of avocado. At Avocaderia, which claims to be the world’s first avocado bar, and in Brooklyn,long queues stretch from the counter outward into a large food hall.
The venue’s popularity is a sign of the times: the avocado is like a flash fitting America’s favourite fruit. Although domestic production has stayed flat, imports possess more than trebled over the past ten years, and according to the Department of Agriculture. It estimates that the annual consumption of the average American has increased from about one pound (0.5 kilograms) in 1989 to more than seven pounds in 2016; total consumption that year weighed in at 2.3bn pounds.
A
merica’s enthusiasm for avocados may be dented,however, by soaring prices. The wholesale price for a case of 48 avocados peaked at $83.75 in September, or up from $34.45 a year before,...
Continue reading

Source: economist.com