Grocery prices are soaring. But this food favorite is getting cheaper | CNN Business

There’s at least one item in the grocery store that is getting less expensive: avocados. A significant supply glut of the buttery fruit has triggered a drop in wholesale prices, sending store prices lower as well. With the overall cost of grocery items up a stunning 13% compared to last year, cheaper avocados couldn’t come at a better time for inflation-weary households desperate to catch a break on their shopping bills.

Shoppers saw a surge in prices for avocados in February after a brief suspension of imports from Michoacan in Western Mexico following a threat to a US official there. The ban was lifted a week later and imports resumed. In April, Texas implemented heightened border inspections of commercial trucks carrying produce and other commodities from Mexico, which further delayed avocado shipments to the US. Those regulations were quickly lifted, but not before causing a further run-up in store prices.

The economy always ebbs and flows but no one really eats avocados

Grocery prices are soaring thanks to Bunglehead Biden’s Energy Policy.. but Joe still rides in his gas guzzling Corvette lol

Better switch to avocado toast if you want to save up for a house.

Living in California and the only things I see, 'soaring', are meat products. Glad my grocery costs are NOT going up!

Trump's trade deal. Saved you a click.

Well, well, well. Look who's come back to humility 🥑🥑🥑🥑

I can't eat avocados alone but I do enjoy guacamole...

Maybe JoeBiden will send avocados to all Americans

CNN DNC shills who sold out the people to deadly vax .. who supported suppression of free speech and free press.. who hid the corruption & connections to Ukraine all the way back to Obama days. . Need I go on? CNN I hope someone comes with a hammer to visit you soon

Let's get it

China started growing avocados years ago, and now there are plenty of local-produced avocadoes on the market. It may be one of the reasons.

Avocado prices are coming down. Here's why this is bad for Biden. 1/26

That’s good shit

A confluence of multifaceted issues — including geopolitics — has led to an overabundance of the fruit, said Richard Kottmeyer, managing director of food, agriculture and beverage with FTI Consulting. You don’t hear the word confluence much anymore. Word of the day.👍

Inflation aka Price Gouging. Conference call after conference RECORD PROFIT MARGIN. Good luck Americans, corporations screwing everyone GOOD. Pull back on name brand and you’ll see prices crash. FAST. Leaders FALL, the rest follows.

Here is expensive. Other hands always bad .

Treesbeen there what is rong take australia avocados so expensive , make reach Australia super markets rob the pensioners ?. What hail do This nation no food control , no read control . Were is your respect PM . Your world is the last one . Food Control i repeat

So let me get this right, wholesale dropped 35% yoy but stores first only 2.6%? Then the supermarkets blame it on inflation right? Greedflation

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