Green gold

Calavo just announced some apparently spectacular results in this quarterly update. Revenues were reported up more than 20% and profits over 60%. While Calavo and every other major Cali avocado handler is involved in Mexico, it will nevertheless be compelling to see the price impact of the opening of the California market to Mexican hass fruit on Feb. 1.


From the Nov. 30, 2004 APHIS final rule:

Between January 31, 2005 and January 31, 2007, the avocados may be imported into and distributed in all Sates except California, Florida, and Hawaii. After January 31, 2007, the avocados may be imported into and distributed in all States.