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11/11/2022

Topic Reading-Vol.3866-11/11/2022

Dear MEL Topic Readers,
Grocery prices are soaring. But this food favorite is getting cheaper
The avocado is a type of berry that grows in warm climates. Avocados provide a substantial amount of monounsaturated fatty acids and are rich in man vitamins and minerals. Incorporating them into a varied, healthy diet can provide a number of benefits, such as being rich in nutrients like vitamins C, E, K, and B6, healthy for the heart, and great for vision. Moreover, with their smooth, buttery, and golden-green flesh, avocados are becoming popular in many cultures and menus. Avocados are cultivated in the tropical and Mediterranean climates of many countries. Mexico is the world's leading producer of avocados, providing nearly 30% of the global harvest. Earlier this year, the price of avocados shot up mainly due to logistic restrictions from Mexico. But when the clogged pipelines were cleared, an oversupply of Avocados flushed into the US market, pushing the retail prices lower. That’s great news during a time of soaring inflation of everything from food to energy. Also, next year’s avocado supply is expected to be abundant. So, it may be a good time to add this healthy and budget-friendly fruit to your menu.
Enjoy reading the article and learning about the mystery of avocado prices.
https://edition.cnn.com/2022/11/02/business/avocados-surplus-inflation-price-relief/index.html

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