Avo a smash hit as prices drop
SMASHED avo will be back on the menu this summer with a record Australian avocado harvest expected to see prices drop.
More than 75,000 tonnes of avocados are predicted to be produced in 2017-18, a significant jump from this year’s 66,000 tonne harvest.
Avolution avocado marketing firm chief executive Antony Allen said Aussies could not get enough of the breakfast favourite and growers had been planting more trees to keep up with demand.
“We’re starting to see a lot of those new trees (bear fruit) so that’s where this increase in production has come from,” Mr Allen said.
“Growers have been working to meet supply demand for a number of years and that’s always been the intention of growers to meet what consumers are seeking.”
Mr Allen said the large volume of avocados being produced meant prices should be fairly low but it was hard to predict without knowing how high demand would be.
He said they would come back down in price to that of mid last year “when retail pricing was around $2.20 to $2.80 with those two-for deals where it’s two for $4 or $5”.