An index tracking avocado from the Mexican state of Michoacan, by far the biggest source in the country, climbed 81% this year to 760 pesos per 9-kilogram box, the highest in data going back to 1998, government figures showed.
Mexico accounts for more than 80% of the avocados consumed in the U.S. In California, which feeds about 15% of American demand, production is forecast to rise this year “but clearly not enough to satisfy growing avocado demand in the U.S.,” Magana said.
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