Avocados in Charts Will lower volumes from Peru f

first_img Avocados in Charts: Will lower volumes from Peru f … In this installment of the ‘In Charts’ series, Colin Fain and Luis Aragon of Agronometrics illustrate how the U.S. market is evolving. Each week the series looks at a different horticultural commodity, focusing on a specific origin or topic visualizing the market factors that are driving change.Mangoes are a rather peculiar crop. Historians tend to pinpoint their domestication to South Asia well over 3,000 years ago. During the Age of Exploration, mangoes spread to Africa and the Americas, chiefly thanks to the Portuguese. The trees, called Mangifera indica, can sometimes live beyond the age of 300 years whilst still producing fruits, and is not uncommon for them to surpass the height of 100 feet (30 meters). In addition, any extended exposure to cold temperatures (under -1°C) is lethal for this tropical plant. As a result, U.S. production is scarce and limited to the south of Florida and California. Import volumes have stayed remarkably stable during the past five years, as evidenced by the following chart:Historical mango import volumes, non-organic(Source: USDA Market News via Agronometrics)[Agronometrics users can view this chart with live updates here]It ought to be noted that Mexico is the largest exporter of mangoes to the U.S., with a long season that spans from February until September. During the previous five seasons, Mexican imports made up around 67% of shipments to the U.S., with Ecuador and Peru trailing at a distant 2nd and 3rd place, each contributing approximately 11%, largely during Mexico’s colder winter months. Historical mango monthly volumes by origin(Source: USDA Market News via Agronometrics)[Agronometrics users can view this chart with live updates here]Looking at mango volumes by country over the past several years, it’s outstanding to see how the virtually identical Mexican production was for 2015 and 2019. Historical mango volumes from Mexico July 23 , 2019 Avocados in Charts: Market jumps US$5 in one week … You might also be interested inlast_img read more