Avocado Panic Subsides as Price Surge Reverses on Supply: Chart

Avocado Panic Subsides as Price Surge Reverses on Supply: Chart

(Bloomberg) -- Guacamole fans take heart. Good weather and better pest control are expected to boost Mexico’s Hass avocado production in the year that began in July, the U.S. Department of Agriculture said in an update last week. Wholesale prices have already come down from the records set this summer, and the larger crop should prevent costs from reaching those peaks again.

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