You Can Finally Afford Both a House and Avocado Toast
- Avocado prices dip after more than doubling to record
- Chipotle CFO seeing better-than-expected Mexican supplies
Confused About What to Eat? You're Not Alone
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Americans’ obsession with avocados sent prices to a record high, but there’s good news for guacamole fans: relief could be on the horizon.
A confluence of factors drove the wholesale cost of Hass avocados from Mexico, the biggest supplier to the U.S., to more than double this year. U.S. consumers are eating more of the green stuff than ever before, and growers in Mexico and California were struggling to keep up with demand amid dry weather. But the tightness could start to ease next year as trees enter the higher-yielding half of a two-year cycle.