Australians love for avocado appears to be slipping as the country’s biggest fruit and vegetable producer sees its share prices plunge.
Costa Holding Group has taken a $900 million hit with the fruit and vegetable grower’s stock plummeting by as much as 40 per cent at Thursday’s open.
This comes shortly after the company cut its half-year forecast following a weaker demand for tomatoes, berries and avocados over the Christmas period.
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As businesses and communities cross the six-month mark of working partially or completely from home, creative use of digital communication tools has surged across industries. California-based global avocado marketer Index Fresh has adapted to this model by launching its virtual ‘Meeting in the Grove’ program to connect its sales team with clients and growers. …
Index Fresh is seeing peak volume of its Peruvian avocado this month, with volume up by 15-20 pct compared to last year. Avocados from Peru have been available since May and will continue to be in the market until September. …
Subject to EU regulatory approval, Nature’s Pride plans to integrate Apeel’s plant-derived food waste prevention technology across its expansive avocado value chain, which will bring Apeel Avocados — avocados with double the edible shelf life on average — to European households for the first time. …
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