Skip to main content

Avocado supplies down with Mexican crop transition

Overview of the avocado supply by Denise Junqueiro of Mission Produce, complemented by charts from Agronometrics.

Original published in on July 15, 2021 

Supplies of avocados are down somewhat even with fruit being sourced from multiple regions currently.

Volumes (in Kg) of avocados in the US Market

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

“As Mexico transitions into the Flor Loca crop, and the California season nears its end, the U.S. industry supply is down,” says Hector Soltero, senior director of sales planning for Mission Produce based in Oxnard, CA.

Main o rigins (Volumes in Kg) of avocado in the US Market

Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)

Domestically, California’s avocado industry has harvested the majority of its anticipated 250 million lb. crop. Sizing of the fruit is skewing towards sizes 60 and 48 on the state’s avocados, which started harvest earlier this year and sees peak availability through August.

From Mexico, the country that ships the most avocados to the U.S., its crop size for the 2020-2021 year is approximately 2.9 billion lbs. of fruit. Looking ahead, the preliminary crop size for 2021-2022 is an anticipated 3 billion lbs. of avocados. “The Mexico crop is also skewing toward small fruit sizes 48 and 60,” says Soltero. “Compared to a few weeks ago, prices are higher due to the transitioning of the crop in Mexico. The industry will typically see higher prices during transition until the new crop is in full swing.”

Smaller Peruvian fruit

And then there’s Peru where harvest is going strong and anticipated to continue through September. “For Peru, the industry is in peak season of the anticipated 1 billion lb. crop, which is skewing towards smaller fruit sizes 60 and 48,” says Soltero.

At the same time, Soltero notes that Mission Produce also turns to South Africa to continue providing regions such as Europe with year-round supplies of Hass avocados.

Altogether, the supplies of avocados are similar to last year at this time. “Looking ahead, the industry expects the market to balance out as Mexico completes its transition to the Flor Loca crop,” says Soltero.

Meanwhile demand for avocados continues to be strong. “Consumption continues to increase year-over year,” says Soltero. Soltero adds that to keep up with increasing demand, Mission Produce consistently works on advancing its infrastructure and expanding its network and developing new merchandising programs to meet those needs. “The biggest challenge is to balance supply with demand,” Soltero says.

The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.

Access the original article with this (Link)

Popular posts from this blog

Agronometrics in Charts: Demand for berries skyrockets in 2021

This time for the ‘In Charts’ series we will give an update as to how the average prices of berries have been behaving. Specifically, we will look at the prices of blueberries, raspberries, strawberries, and blackberries in the United States market and compare them with previous seasons. An increase in demand, brought on by the tendency to consume “superfoods” such as berries during the Covid-19 pandemic, seem to have pushed prices up despite the fact that volumes imported by the United States have been similar or higher than those of previous years. Let's look at each particular case: Blueberries Blueberry prices experienced a significant increase from week 3 of 2021, showing the highest prices of the last 5 seasons for the same date. If we observe the following chart, we can see that, for week 7 of 2021, the average price of conventional blueberries was $7.60 per kilo. This is 24 percent higher than in 2020 when the average price was $6.14 per kilo. Volumes for blueberr

Peru's blueberry oversupply takes its toll on export price

Overview of the Peruvian blueberry season, complemented by charts from Agronometrics.   Original published in   on November 25, 2020  This year's Peruvian blueberry season began in June with the export of 1,010 tons worth 5 million dollars. These figures represented a 25% increase in volume and a 77% increase in value over the same month of 2019. The lower production in the northern hemisphere due to weather problems allowed producers to achieve attractive prices of $ 5.15 per kilogram in June. Volume (in Kg) of blueberry from PerĂº in the US market Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) The good reception of Peruvian blueberries and the increase in prices encouraged exports during July, a month in which the country shipped 4,808 tons (+ 108%) for 26 million dollars (+ 102%). In this month, the increase in the Peruvian supply generated a slight 3% fall in the typical prices of the month,

Agronometrics in Charts: Berry prices in the U.S. market

This week we're going to check out how prices of blueberries, raspberries, strawberries and blackberries have been behaving in the U.S. market compared to previous seasons. Blueberries Let's start with blueberries, which over recent weeks have seen similar prices to 2019, although they have improved somewhat over the last two weeks. Looking at the chart below, we can see that in week 42, the average price of conventional blueberries was US$9.07 per kilo, which is 8% higher than in 2019. Volumes are coming from Mexico and Peru. Prices of non-organic blueberries in the U.S. market (USD per kilo) Source: USDA Market News via Agronometrics . (Agronometrics users can view this chart with live updates here ) Raspberries Raspberries meanwhile have throughout this year experience sharp peaks and valleys, although in recent weeks prices have tended to stabilize. As can be seen in the chart below, in week 42 prices were US$8.39 per kilo, which is 18% up on 2019. The U.S