Virus-driven price collapse smashes avocado market

  • 📰 abcnews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Food-service shutdown crashes avocado prices and traders say the national harvest is toast unless shoppers start buying in bulk.

Avocados Australia chairman Jim Kochi says growers are 'very apprehensive' about the food-service shutdown.Australia's avocado growers are urging brunch lovers to keep up their smashed avo habit at home after a dramatic crash in the market set off by the coronavirus shutdown of cafes and restaurants.

The food-service industry is a massive market for avocado growers, taking fruit that doesn't make the premium grade sold in fruit shops and supermarkets. Wide Bay, Queensland, avocado farmer Lachlan Donovan said he was lucky he still had orders to fill through chain stores. "With lower-grade stuff it's certainly not worth the money ... processed product, like guacamole that went straight to different takeaway shops or retailers, that is a market that has collapsed."Far North Queensland grower and Avocados Australia chairman Jim Kochi said the drop in prices had left growers"very apprehensive".Coronavirus update teaser

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is good, avocados were devastating the environment

'Smashing' I see what you did there.

We’ll buy them!! We love 🥑 ❤️❤️

$2.99 each at Woolies & Coles $2.79 each at ALDI - all sypermarkets are sneakily putting all their prices up & very much gouging public purses! Profiteering Scumbags CashingIn ProfitsOverPeople

When there is an oversupply of produce why is the first reaction 'dump it ''why not supply it to organisations such as meals on wheels and such thereby reducing the cost to the community. People may sample the product and buy it later.

So where can we buy these fresh avocados rather that Woolworths so farmers get the money without the middleman

Woolworths still has them at $2.50 each. Price gouging reduces demand.

I eat 2 avocados at home every week. They are so nutritious. They are so versatile - smashed on toast, sliced in a salad, eaten out of the skin with a spoon, made into guacamole, spread on a cracker with cottage cheese. People need 2 get behind these growers. Get buying people.

In local market such as Preston, avocado is 1 dollar :)

I really don’t feel like touching them all to see if they’re good any more MelanieLGroves but with Shepards it’s so risky

They are still the same price at my local Coles, $2.50 each.

Ireland Ireland Latest News, Ireland Ireland Headlines