The price of avocados has doubled, and supermarkets may run out in a few days

The price of avocados has doubled, and supermarkets may run out in a few days

The price of avocados has doubled and the offer could end in the coming days as the USDA suspended imports from Mexico after an inspector received a threatening phone call.

Prices for avocados hit $26.23 a nine-kilogram box, doubling from last year and the most expensive fruit in two decades.

Raul Lopez, manager of research firm Agtools in Mexico, told the Washington Post that prices will only continue to rise as the US depletes its avocado stocks due to the suspension.

“In a few days, current stock will be sold out and virtually any supermarket will be out of groceries,” Lopez said.

“There will be very few products available to the consumer, and prices will skyrocket.”

The US has stopped importing avocados from Michoacán, Mexico, the only Mexican fruit supplier to the Americas.  Experts warn that the suspension will deplete America's avocado stocks and cause prices to rise further after prices have doubled since 2021.

The US has stopped importing avocados from Michoacán, Mexico, the only Mexican fruit supplier to the Americas. Experts warn that the suspension will deplete America’s avocado stocks and cause prices to rise further after prices have doubled since 2021.

Eight out of 10 avocados bought in the US come from Michoacán, and Michoacán has exported more than 135,000 tons of avocados to the US in the past six weeks.

Eight out of 10 avocados bought in the US come from Michoacán, and Michoacán has exported more than 135,000 tons of avocados to the US in the past six weeks.

The suspension came after a US inspector at the Michoacan facility received a threatening phone call.  Violence is rampant in a Mexican state where farmers have armed themselves to guard facility checkpoints to drive back the cartel.

The suspension came after a US inspector at the Michoacan facility received a threatening phone call. Violence is rampant in a Mexican state where farmers have armed themselves to guard facility checkpoints to drive back the cartel.

Raul Lopez, a Mexican manager for research firm Agtools, said a US inspector was threatened after he discovered an illegal shipment of avocados bound for the US.  Lopez warns that avocado prices will rise sharply in the coming days

Raul Lopez, a Mexican manager for research firm Agtools, said a US inspector was threatened after he discovered an illegal shipment of avocados bound for the US. Lopez warns that avocado prices will rise sharply in the coming days

Eight out of 10 avocados purchased in the US come from Michoacán, Mexico, the only state in the country from which the US imports avocados.

Michoacán has exported more than 135,000 tons of avocados to the US in the past six weeks, according to the Mexican government. The state is the world’s largest exporter of avocados.

The U.S. Animal and Plant Health Inspection Service (APHIS) has begun working with Customs and Border Protection to allow avocados that were checked for export on or before February 11 into the U.S.

After that, there will be no more avocados from Mexico until further notice.

The Mexican Department of Agriculture said on Saturday that the US had suspended shipments of avocados from the violent Mexican state after threats against a US health inspector.

A medical officer was conducting an inspection in Uruapan, a city in the state of Michoacan, one of the deadliest states in Mexico, populated by criminal gangs. For decades, it has been used as a center for drug trafficking, and the situation has only worsened amid frequent armed clashes for power between rival cartels.

The statement said public health officials did not disclose the specific nature of the threat, but it was serious enough to suspend imports pending the outcome of an investigation by the US Animal and Plant Health Inspection Service and the USDA.

Lopez told The Post that the inspector allegedly found an avocado from the state of Puebla at a plant in Michoacan that was destined for export to the US, which is not allowed.

“People from the institution tried to intimidate and then [threaten] inspector, so he reported this to the USDA, then they decided to withdraw all the inspectors and close the border indefinitely, ”explained Lopez.

In 2019, Michoacán manufacturers began to take up arms to protect themselves from thieves and drug cartels robbing them of their green gold, using AR-15 rifles to defend against the deadly cartels.

In 2019, Michoacán manufacturers began to take up arms to protect themselves from thieves and drug cartels robbing them of their green gold, using AR-15 rifles to defend against the deadly cartels.

Public health officials did not disclose the specific nature of the threat, but it was serious enough to suspend imports pending the outcome of an investigation by the US Animal and Plant Health Inspection Service and the USDA.

Public health officials did not disclose the specific nature of the threat, but it was serious enough to suspend imports pending the outcome of an investigation by the US Animal and Plant Health Inspection Service and the USDA.

Members of the Mexican drug cartel have threatened members of the lucrative avocado industry for years.

In 2019, Michoacán manufacturers began to take up arms to protect themselves from thieves and drug cartels robbing them of their green gold, using AR-15 rifles to defend against the deadly cartels.

Rapid growth in U.S. consumption has lifted the region out of poverty over the past decade, with Mexico exporting more than $2.7 billion worth of fruit in 2020, according to Statista.

But the cash flow has also led to an increase in extortion, kidnapping and avocado theft.

The situation has become so dangerous that hundreds of avocado growers have formed a self-defense group called the Pueblos Unidos to protect their fields.

A bullet hole in the window of a house in El Aguaja, Michoacan, Mexico on February 9, 2022.

A bullet hole in the window of a house in El Aguaja, Michoacan, Mexico on February 9, 2022.

This is not the first time USDA officials have been threatened.

In August 2019, a group of inspectors were subjected to “direct threats” in Ziracuaretiro, a city west of Uruapan in the state of Michoacán. While the agency did not elaborate on what happened, local authorities said the gang robbed the truck carrying the inspectors at gunpoint.

The US lifted a ban on Mexican avocados in 1997, decades after the ban was introduced in 1914, to prevent weevils, scab and pests from entering US gardens.

The perilous situation in gang-controlled Michoacán gained renewed attention in January when footage showed drug cartels using drones to drop explosives on residents of the Tepalcatepec forest.

It was the latest show of uncontrolled violence in the region as drones controlled by the Jalisco New Generation Cartel dropped explosives on the shacks.

The footage of the attack comes just weeks after the nearby town of Chinicuila in Michoacán reported that roughly half of its population had fled, many illegally, to the US to escape the cartel’s violence.

The rise in avocado prices comes as US wholesale inflation surged again last month, up 9.7% year-over-year, in another sign that price pressures remain high at all levels of the economy.

The producer price index for final demand, which measures inflation before it reaches consumers, jumped 1 percent last month after rising just 0.4 percent in December, the Labor Department said Tuesday.

Companies facing higher wholesale and raw material costs have passed the higher prices on to consumers without hesitation, and recent data suggests that further increases are expected at the retail level.

With consumer price growth reaching a 40-year high of 7.5 percent last month, President Joe Biden has seen falling approval ratings ahead of the midterm elections and is now considering a plan to suspend the gas tax for a year to calm angry voters. . pump.

The government said last week that consumer-level inflation soared over the past year to its highest level in four decades, shrinking households, wiping out wage hikes and bolstering the Federal Reserve’s decision to start raising borrowing rates.

The producer price index for final demand rose 9.7% in January from a year ago, new data showed on Tuesday.

The producer price index for final demand rose 9.7% in January from a year ago, new data showed on Tuesday.

The Labor Department announced last week that inflation hit a 40-year high of 7.5 percent.

The Labor Department announced last week that inflation hit a 40-year high of 7.5 percent.

The price of avocados has doubled, and supermarkets may run out in a few days

The 7.5% increase in the consumer price index affected the economy, from food and furniture to apartment rent, airfare and electricity.

Hot inflation readings have resulted in financial markets pricing the likelihood of a 50 basis point Federal Reserve rate hike next month higher than even.

Inflation is well above the US central bank’s target of 2 percent. Economists expect as many as seven rate hikes this year.

Inflationary pressures are also driven by strong wage growth amid tighter labor market conditions.

The shift in spending on goods away from services during the COVID-19 pandemic and the trillions of dollars in government aid due to the pandemic have boosted demand that outstripped supply, causing inflation.

A severe shortage of workers in factories and elsewhere in the supply chain is making it difficult to get products to markets.

Supply bottlenecks showed signs of easing towards the end of 2021, but that progress has stalled as infections caused by the Omicron variant have rampaged across the world.

Although the number of cases in the United States is declining significantly, they are rising in Asia, which is the main source of raw materials for American factories.

Excluding volatile food, energy and trade services, producer prices rose 0.9% in January.

The so-called core producer price index rose 0.4% in December. In the 12 months to January, core PPI rose 6.9% after rising 7.0% in December.

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