Why has the price of lemons risen so much in Mexico?

Published 2024년 8월 18일

Tridge summary

Mexico is experiencing a significant increase in the price of lemons, with the cost doubling since the beginning of the current government due to droughts and extortion of producers in Michoacán. The average price of a kilo of lemons has risen from 17.2 to 31.8 pesos in urban areas and from 17.7 to 32.7 pesos in rural areas. The price hike is attributed to extreme droughts and extortions by organized crime in Michoacán, Colima, and Jalisco. The agricultural consulting group GCMA predicts that the supply of lemons will decrease and prices may rise further due to a suspension of activities in Apatzingán and Buenavista. The price increase is expected to impact not only household budgets but also the food and beverage industry, as well as sectors that use lemon as a input. The insecurity in rural areas of Michoacán could also deter investment in the agri-food sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the country's markets, the increase in the price of a kilo of lemon is beginning to be perceived, but what is causing this increase? Analysts expose the situation of this fruit, which is essential in Mexican kitchens and industry. The lemon, the second most consumed citrus fruit in Mexico, has doubled its price since the current government began due to droughts and extortion of producers in Michoacán, analysts told El Universal. Between November 2018 and July of this year, the average price of the fruit rose from 17.2 to 31.8 pesos per kilo in urban businesses in the country, while in rural areas it rose from 17.7 to 32.7, according to records from the National Council for the Evaluation of Social Development Policy (Coneval). Don't miss: This ingredient reduces heartburn and protects the pancreas This week, Profeco reported that a kilo was sold for 59.9 pesos in Mexico City, although the average price in the country reached 38.1 pesos; while in Guadalajara and Monterrey it was ...
Source: Informador

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