$92 Avocado for Wholesale Trees? Avocado Trees are Selling Well.
A recent auction in South Africa was selling 'Maluma' variety of avocado for $92 a tree. That is more than the average price of avocado nursery trees in that country and a lot more than what is paid in California or Florida. That variety has suddenly gotten a huge demand because of its sales characteristics accounting for 13% of the tree sales from one nursery there.
This is a phenomenon that is going on world-wide not just for 'Maluma'. According to a CA nursery producer, the 'Maluma' sale is really a reflection of the world-wide demand for avocado trees and not necessarily this South African variety. Avocado acreage is expanding world-wide. So far 'Maluma' has a US import license, but has not been grown in CA, so we don't know its performance characteristics. That should change soon according to the nurseryman.
Related story: South Africa: Maluma Day to challenge avocado sector's “convenient position”:
http://www.freshfruitportal.com/news/2017/03/08/south-africa-avocado-auction-shows-exorbitant-demand-maluma-trees/
avocado in bloom
Posted by Maxwell V. Norton on March 28, 2017 at 8:44 PM