https://www.abc.net.au/news/rural/2024-07-24/avocados-to-sta…
the 2023/2024 crop was expected to be up by 20 per cent year-on-year, which Rabobank analyst Pia Piggott said was due to 1,500 hectares of plantings coming online.
there was another 4,000 hectares set to come into production over the next five years.
Australians each consume about 4.43 kilograms of avocados a year, but Ms Piggott said it was not enough to help local farmers.
Explains why houses are so expensive, the younger generation is so cashed up from their avocado savings they could afford a $200k deposit on a house!
Doesn't a huge Qld tropical cyclone wipe out the crops and the prices go up? Seems to happen to bananas every so often.
Now the younguns can have their avo and mortgage too.
Just need 10000 hectares of lime trees to be planted now.
That would help with taco Tuesday budget.
Australians each consume about 4.43 kilograms of avocados a year
Someone else must be eating "my 4.43 kilograms"… I don't eat that thang!
somewhat offset by rapidly rising artisan sourdough prices
Why can’t we plant more lemon and lime trees! The price is out of control. Can’t even have a nice vodka and soda without forking out $3 for a lemon and lime slice!
Lemons and limes are easy to grow at home. Even in a pot. Definitely worth investing in a tree.
What happens after 5 years? Are they going to rip out the avocado trees and plant the next trendy crop?
So why is it still $5 extra for avocado at a cafe and you only get half of one?
The margin on that is crazy. It's costing them maybe 25 cents for the whole avo
This is great. As a long term avo fan, pre it being fashionable, this is good news. Also one of the few ‘vegetables’ my kiddo eats. I’ve always found avos affordable though, I’ve been buying the bags of them cheaply from independent fruit shops for years.
Yet Subway charges extra for Avo plus the house price is still increasing.