© EPAExperts are warning the US market may be just days away from running out of avocado inventory.
A lengthy halt in shipments from Michoacán, the only state in Mexico cleared to export the fruit to the US, would leave US businesses without many options to obtain enough avocados to meet massive demand - and result in higher prices for the few avocados available at stores.
Mexico accounts for 83% of the US's annual supply of Hass avocados, according to the Hass Avocado Board. Keith Slattery, the top executive at Stonehill Produce, a major importer of Mexico-grown Hass avocados, said the US market only has about a week's worth of avocado inventory in the pipeline.
Comment: We're left to presume that it might be related to Mexico's cartels, but with the USDA being strangely cagey, we're actually none the wiser. It's all the more strange considering the dire state of the supply chain and the soaring cost of food; one would think the USDA would try to find a work around rather than exacerbating the issue:
- Cost of food in the world rising at fastest pace in 40 years, lockdowns largely to blame
- England's farmers to be paid to 'rewild' land, despite soaring food costs & supply issues
- UK farmers face cull of 150,000 pigs after lockdown creates backlog of 'disastrous' proportions
Also check out SOTT radio's: NewsReal: Is The Government Hyping Shortages? And is 'Vaccination Shedding' Really a Thing?