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IPFS News Link • Food

Americans Brace For Shock Surge In Everyday Food Prices

• https://www.zerohedge.com, By Tyler Durden

American food merchants are struggling to import fruits and vegetables from Mexico as wait times at port of entries along the Mexico–US border have surged because of a shift in Customs and Border Protection (CBP) personnel away from the port of entries to remote regions of the border to fight illegal crossings. As a result, shipments of food have dramatically declined in recent weeks, and the result is an imminent spike in imported food prices in the coming months that could put a sizeable dent in consumer wallets.

Fruit and vegetable importers that wholesale to grocery stores throughout the US, could inflate prices by at least 20% to 40% if the wait times continue, with avocado prices already soaring (see "Mexican Avocado Prices Explode By Most In A Decade After Trump Border Threat").

And it's not just avocados: cucumbers, eggplants, bell peppers, squash, cherry tomatoes, watermelons, and most other fruit and vegetables imported from the tropics would be affected.

"(The) Mexican border, it's one of the most important crossings to the United States," said Joshua Duran, Amore Produce sales representative.


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