America's Love Affair with Avocado
economist.com
America's Love Affair with Avocado
1–10 of 134 posts
Re: America's Love Affair with Avocado
#2I don't understand how high avocado prices could cause Chipotle to loose money. Guacamole is an optional add on why wouldn't they just raise the price of the guacamole to reflect the market price of avocado or use avocado futures to hedge their price risk.
Re: America's Love Affair with Avocado
#3Prices have also increased because the Phytophthora Root Rot fungal infection has killed off whole avocado orchards in many areas.
Re: America's Love Affair with Avocado
#4I don't understand how high avocado prices could cause Chipotle to loose money. Guacamole is an optional add on why wouldn't they just raise the price of the guacamole to reflect the market price of avocado or use avocado futures to hedge their price risk.
That's not what the article claims:
> Chipotle, a Mexican-themed restaurant chain, said that “historically high avocado costs” were a big reason why it posted disappointing financial results last year.
Re: America's Love Affair with Avocado
#5I don't understand how high avocado prices could cause Chipotle to loose money. Guacamole is an optional add on why wouldn't they just raise the price of the guacamole to reflect the market price of avocado or use avocado futures to hedge their price risk.
That's not what the article claims: > Chipotle, a Mexican-themed restaurant chain, said that “historically high avocado costs” were a big reason why it posted disappointing financial results last year.
What do you think disappointing financial results because of Avacados is claiming then?
Re: America's Love Affair with Avocado
#6I don't understand how high avocado prices could cause Chipotle to loose money. Guacamole is an optional add on why wouldn't they just raise the price of the guacamole to reflect the market price of avocado or use avocado futures to hedge their price risk.
Demand curves are downward sloping. Guacamole and main items on Chipotle's menu are complements.
Re: America's Love Affair with Avocado
#7Earlier quoted context omitted.
That's not what the article claims: > Chipotle, a Mexican-themed restaurant chain, said that “historically high avocado costs” were a big reason why it posted disappointing financial results last year.
What do you think disappointing financial results because of Avacados is claiming then?
parent comment said "that's not what the article claims", which (if you want to be nitpicky) is correct because the article reports a claim made by the company, without explicitly supporting it.
Re: America's Love Affair with Avocado
#8Personally, I hate avocado in all its forms (guacamole, etc.). I don't understand what people see, err, taste in them.
My wife, OTOH, loves avocados (I had never tried avocado before she forced me to sample one while we were dating, which I ineptly pretended to sort of not hate), and if I forget to buy several when I do the shopping, I'll find myself trying to make up a story on the spot about how all the avocados at the grocery store were rotten, or they were out. And then she gives me that "I'm not buying it" look, sighs, rolls her eyes and stops speaking to me for a whole five minutes.
EDIT: Ok... Wow, you know this was an attempt at humor, so some of the details may have been embellished a bit. I'll just back away from this thread slowly.
Re: America's Love Affair with Avocado
#9nearly $2.00 a piece wholesale? I'm curious why the market hasn't been flooded by now.
*As pointed out below, it takes at least 5 years for an Avocado tree to produce fruit, which explains why there aren't quick adjustments.
Re: America's Love Affair with Avocado
#10Personally, I hate avocado in all its forms (guacamole, etc.). I don't understand what people see, err, taste in them. My wife, OTOH, loves avocados (I had never tried avocado before she forced me to sample one while we were dating, which I ineptly pretended to sort of not hate), and if I forget to buy several when I do the shopping, I'll find myself trying to make up a story on the spot about how all the avocados at…
I feel they ruin the taste of sushi as well. I wanna taste the raw fish not the avocado.