Sunday 25 February 2018

Record-high avocado prices blamed for men allegedly stealing €268,000 worth

Avocado prices have reached a record-high Photo: GETTY
Avocado prices have reached a record-high Photo: GETTY

Daniel O'Connor

Record-high avocado prices have been blamed for men allegedly stealing $300,000 (€268,000) worth.

Carlos Chavez, Rahim Leblanc, and Joseph Valenzuela were arrested in California on Wednesday on suspicion of grand theft of fruit.

Ventura County Sheriff’s office have said the recent surge in the prices of avocados is believed to have prompted the men to steal.

"They are in demand. Everybody loves avocados,” Sgt. John Franchi told the Los Angeles Times.

"We take these kinds of thefts seriously. It's a big product here and in California."

The three men stole the boxes of fruit from Mission Produce, a produce farm the trio had been employed at for several years.

Avocado
Avocado

While a box of avocados would sell for $50, according to the president of Mission Produce, police believe the trio were selling boxes for half of the usual price.

A recent global demand for the fruit has seen its price reach a record high, almost doubling in price according to data from financial data company Bloomberg.

Read More: I'm very sorry to have to tell you this but the avocado is now toast

The recent rise in the fruit’s popularity has led to a number of claims surrounding the fruit, most notably when one Australian columnist claimed that millennials would be able to afford to buy a house if they didn’t spend money on eating avocado several times a week at restaurants.

A leading plastic surgeon in the UK has also noted that he treats up to four patients a week for knife injuries stemming from people cutting into avocados, dubbing the injury “avocado hand.”

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