Calavo, Mission See Lower Avocado Prices -- Market Talk

Dow Jones

Sep 10, 2024

1830 ET - Avocado companies Calavo Growers and Mission Produce both expect prices for the fruit to decline in the near-term. Mission said it expects industry volumes to be flat to slightly lower its fiscal year 2024 fourth quarter, compared to the prior year period. Prices are expected to decrease on a sequential basis, but remain about 15% higher than the $1.39 per pound average in the fourth quarter of its prior fiscal year, Mission said. Calavo said it expects margins in its guacamole business to improve in the fourth quarter as input costs recede. The company also said it expects to launch some new guacamole products during its fiscal fourth quarter. (stephen.nakrosis@wsj.com)

(END) Dow Jones Newswires

September 09, 2024 18:30 ET (22:30 GMT)

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Mission said it expects industry volumes to be flat to slightly lower its fiscal year 2024 fourth quarter, compared to the prior year period. Prices are expected to decrease on a sequential basis, but remain about 15% higher than the $1.39 per pound average in the fourth quarter of its prior fiscal year, Mission said. Calavo said it expects margins in its guacamole business to improve in the fourth quarter as input costs recede. The company also said it expects to launch some new guacamole products during its fiscal fourth quarter. (stephen.nakrosis@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 09, 2024 18:30 ET (22:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Calavo, Mission See Lower Avocado Prices -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCalavo, Mission See Lower Avocado Prices -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-10 06:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1830 ET - Avocado companies Calavo Growers and Mission Produce both expect prices for the fruit to decline in the near-term. Mission said it expects industry volumes to be flat to slightly lower its fiscal year 2024 fourth quarter, compared to the prior year period. Prices are expected to decrease on a sequential basis, but remain about 15% higher than the $1.39 per pound average in the fourth quarter of its prior fiscal year, Mission said. Calavo said it expects margins in its guacamole business to improve in the fourth quarter as input costs recede. The company also said it expects to launch some new guacamole products during its fiscal fourth quarter. (stephen.nakrosis@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 09, 2024 18:30 ET (22:30 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AVO","symbol_name":"Mission Produce, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2466548144","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466548144","pubTimestamp":1725921000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1830 ET - Avocado companies Calavo Growers and Mission Produce both expect prices for the fruit to decline in the near-term. Mission said it expects industry volumes to be flat to slightly lower its fiscal year 2024 fourth quarter, compared to the prior year period. Prices are expected to decrease on a sequential basis, but remain about 15% higher than the $1.39 per pound average in the fourth quarter of its prior fiscal year, Mission said. Calavo said it expects margins in its guacamole business to improve in the fourth quarter as input costs recede. The company also said it expects to launch some new guacamole products during its fiscal fourth quarter. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AVO":"Mission Produce, Inc.","BK4212":"包装食品与肉类","CVGW":"卡拉沃养殖"},"translate_title":"卡拉沃、米申看到鳄梨价格下降——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVO":0.9,"CVGW":0.9},"content_text":"1830 ET - Avocado companies Calavo Growers and Mission Produce both expect prices for the fruit to decline in the near-term. Mission said it expects industry volumes to be flat to slightly lower its fiscal year 2024 fourth quarter, compared to the prior year period. Prices are expected to decrease on a sequential basis, but remain about 15% higher than the $1.39 per pound average in the fourth quarter of its prior fiscal year, Mission said. Calavo said it expects margins in its guacamole business to improve in the fourth quarter as input costs recede. The company also said it expects to launch some new guacamole products during its fiscal fourth quarter. (stephen.nakrosis@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 09, 2024 18:30 ET (22:30 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}