It’s Cinco de Mayo, and avocado prices are soaring | Food and Cooking

Bad news for guacamole lovers, especially on Cinco de Mayo: Avocado prices are through the roof.

Last week, prices for a carton of 48 Hass avocados hit a high of about $78.75 on average, according to ProduceIQ, a digital marketplace for produce buyers and growers, which uses USDA data. That reflects the price for avocados coming into the United States from Mexico at the Texas border.

This time last year, avocado carton prices were in the $40 range, according to ProduceIQ.

“It’s been high all year … and it’s maintained historic highs,” said Mark Campbell, CEO of ProduceIQ.