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(Abc.net.au)   If only there were some action the suppliers of a perishable commodity could take in a case of oversupply in the face of lax demand. If only   (amp.abc.net.au) divider line
    More: Sad, Australia, Avocado, Torres Strait Islands, Australian growers, chairman Jim Kochi, Torres Strait Islanders, Mr Kochi, Simple demand  
•       •       •

2658 clicks; posted to Business » on 14 Aug 2022 at 5:05 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



42 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-08-14 2:44:59 PM  
I'm a fan of non-means tested Government Guac.
 
2022-08-14 3:20:08 PM  
Don't you understand subby, the laws of supply and demand only give benefit to the supply side. Prices are only permitted to go up. Any time a price goes down and consumers can benefit, Ronald Reagan cries into an Ayn Rand bar towel.
 
2022-08-14 5:10:13 PM  
EAT, MORTIMER, EAT
 
2022-08-14 5:13:58 PM  
See, you can't count on the Millennials for anything

Slackers!
 
2022-08-14 5:15:23 PM  
If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.
 
2022-08-14 5:32:43 PM  
I dated a SoCal woman, grand-daughter of a fourth generation avocado grower.  Grampa still had a huge avocado tree in his front year, so every year we would drive over and shovel the rotting fruit in to trash cans.

/never did like them
//really don't like them now
///hold the guac, please
 
2022-08-14 5:45:24 PM  
Avocado trees use a lot of water, so if they waste the fruit because of over supply, they should have to destroy the trees,too.
 
2022-08-14 5:45:47 PM  
It always drives me crazy to see all the produce at Costco just sitting there. Really, $10 for a box of Calif peaches IN Calif?  lower the prices, ffs
 
2022-08-14 5:53:19 PM  

E_Henry_Thripshaws_Disease: It always drives me crazy to see all the produce at Costco just sitting there. Really, $10 for a box of Calif peaches IN Calif?  lower the prices, ffs


I would pay 5/bushel
 
2022-08-14 6:02:58 PM  
fark you, you said I can't have a house because I eat too much avocado and now you want me to buy all your avocado?
 
2022-08-14 6:13:30 PM  
Sorry, I prefer to buy the frozen avocado chunks.  Oh, you guys should do that!
 
2022-08-14 6:25:56 PM  

runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.


I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.
 
2022-08-14 6:30:57 PM  
Avocados are overrated garbage.
 
2022-08-14 6:53:48 PM  

RolandTGunner: runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.

I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.


Sure.  It's a basic outcome related to human laziness.  Would you bust your butt harvesting ten million avocados to sell at 10 cents each or would you rather leisurely pick one avocado to sell to a rich sucker for a million dollars?

/or would you rather take a picture of an avocado and sell it as an NFT for ten million dollars?
//or would you rather issue a hundred million dollars of avocado-based crypto currency?
///given the growing prevalence of this kind of thinking, it's almost miraculous that industry is still making anything that's practical and/or affordable.
 
2022-08-14 7:14:02 PM  
Australian avocados,  I assume the glut otherwise would have been healthy rainforest.
 
2022-08-14 7:14:39 PM  
Article told me to eat more ginger
 
2022-08-14 7:19:55 PM  

natazha: I dated a SoCal woman, grand-daughter of a fourth generation avocado grower.  Grampa still had a huge avocado tree in his front year, so every year we would drive over and shovel the rotting fruit in to trash cans.

/never did like them
//really don't like them now
///hold the guac, please


Yep. 15 years with a high producing tree, haven't eaten an avocado in years now. The racoons sure do like them though.
 
2022-08-14 7:21:15 PM  

TeddyRooseveltsMustache: Avocados are overrated garbage.


I don't care for them either, but I love avocado oil for cooking.
 
2022-08-14 7:25:28 PM  

drewogatory: natazha: I dated a SoCal woman, grand-daughter of a fourth generation avocado grower.  Grampa still had a huge avocado tree in his front year, so every year we would drive over and shovel the rotting fruit in to trash cans.

/never did like them
//really don't like them now
///hold the guac, please

Yep. 15 years with a high producing tree, haven't eaten an avocado in years now. The racoons sure do like them though.


I don't have an avocado tree, but my raccoons seem to be happy with the fruit on my orange tree.

And pretty much anything else they can scavenge.
 
2022-08-14 7:26:31 PM  
A new report by agribusiness bank Rabobank said Australian growers would this year produce 22 avocados per Australian

I'm thinking someone maybe overestimated demand a bit.
 
2022-08-14 7:29:11 PM  
Fark user imageView Full Size

The "eat me" time frame is measured in microseconds.

zerkalo: Article told me to eat more ginger


Fark user imageView Full Size

Line forms behind me.
 
2022-08-14 8:12:03 PM  
My cat loves avocado.  Turn it into cat/dog food.
 
2022-08-14 8:13:23 PM  

RolandTGunner: runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.

I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.


Good news! They're about a buck fifty now and not as good quality anymore. Much smaller and firmer.
 
2022-08-14 8:17:58 PM  

Brainmeat: RolandTGunner: runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.

I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.

Good news! They're about a buck fifty now and not as good quality anymore. Much smaller and firmer.


Considering how much fruit one tree produces it's ridiculous. Also the cartels, but still.
 
2022-08-14 8:20:29 PM  
Maybe we could make moar Millennials?
 
2022-08-14 8:51:22 PM  

TeddyRooseveltsMustache: Avocados are overrated garbage.


Avocados aren't my bag either.  In small doses, such as in sushi, I can tolerate and even partially enjoy.  You'd have to pay me to eat guac.
 
2022-08-14 9:06:03 PM  
They need to call in the experts.

Fark user imageView Full Size
 
2022-08-14 9:24:42 PM  

RolandTGunner: runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.

I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.


How much was 25cents in todays money?
 
2022-08-14 9:27:37 PM  

jjorsett: TeddyRooseveltsMustache: Avocados are overrated garbage.

I don't care for them either, but I love avocado oil for cooking.


Makes fabulous mayonnaise.
 
2022-08-14 9:40:38 PM  
All that excess supply is toast.
 
2022-08-14 10:38:36 PM  
idk, maybe make them cheaper at the store? Still 4/$5 here

Seriously, I remember when there was suppose to be a surplus of soybeans, and i never saw the price drop once at the store to any type of savings
 
2022-08-14 10:42:23 PM  

neongoats: Don't you understand subby, the laws of supply and demand only give benefit to the supply side. Prices are only permitted to go up. Any time a price goes down and consumers can benefit, Ronald Reagan cries into an Ayn Rand bar towel.


They're giving them away. You're paying transportation and logistical costs. 10/$1 isn't uncommon
 
2022-08-14 11:49:29 PM  
And yet, the $1.50 avocado i used in my salad last night was slow to ripen, and did not ripen to its full potential.. both signs it had been picked too soon.

Based on this and its price, we are still being farked by the scum at Coles and Woolworths, despite the oversupply.
 
2022-08-15 12:07:55 AM  

American Decency Association: And yet, the $1.50 avocado i used in my salad last night was slow to ripen, and did not ripen to its full potential.. both signs it had been picked too soon.

Based on this and its price, we are still being farked by the scum at Coles and Woolworths, despite the oversupply.


Man, in my experience, unless you can reach up and feel the fruit on the tree it's a guessing game. They all look pretty much the same.
 
2022-08-15 12:24:57 AM  

drewogatory: American Decency Association: And yet, the $1.50 avocado i used in my salad last night was slow to ripen, and did not ripen to its full potential.. both signs it had been picked too soon.

Based on this and its price, we are still being farked by the scum at Coles and Woolworths, despite the oversupply.

Man, in my experience, unless you can reach up and feel the fruit on the tree it's a guessing game. They all look pretty much the same.


Yeah it's a crapshoot now.  It wouldn't be so bad if my preferred Shepard avocado was the dominant variety instead of the Hass.  have much better luck with them
 
2022-08-15 12:44:04 AM  
You can just leave them on the tree.
 
2022-08-15 12:44:44 AM  
Or guacamole wrestling.

Whatever.
 
2022-08-15 2:45:42 AM  

Ketchuponsteak: RolandTGunner: runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.

I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.

How much was 25cents in todays money?


53 cents.
 
2022-08-15 4:09:03 AM  
Ah the old, "Good money in X because there's a major shortage and it takes a decade for a new entrant to start producing"

[*10 years later*]

"Oh my god there's a massive oversupply and we're not going to reap the same benefits that would have 10 years ago, who would have thought everyone else would have the same bright idea to try and cash on something that was highly profitable 10 years ago due to undersupply."
 
2022-08-15 6:57:11 AM  

Mad_Radhu: See, you can't count on the Millennials for anything

Slackers!


Wait, I thought their overindulgence of avocados is why we're in the rut we're in...
 
2022-08-15 9:22:22 AM  

DerAppie: Ketchuponsteak: RolandTGunner: runwiz: If you lower the price then consumers will expect to always be able to pay the lower price. You must protect the price point by destroying the oversupply and then reduce future supply to meet demand.

I remember 30 years ago or so avocados used to sell for ~25 cents each.
Then one year there was a late frost or something in California.
Avocados went up to around a dollar each and the price never came down.

How much was 25cents in todays money?

53 cents.


I guess I could have done the math myself. But he has a point then, they're twice as expensive.
 
2022-08-15 3:35:34 PM  
See?  See, evil boomers?  You made fun of the kids for their choice in toast and look what happened.

Anyway...
 
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