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/PRNewswire/ -- The "Avocado Market by Product and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the...
Del Rey Avocado, a family owned, market leader in growing, packing, importing and distributing quality avocados has demonstrated leadership and a clear commitment to sustainable growth over the years, recently completed a major overhaul of their Fallbrook packing house facility. This major project, delayed because of the global pandemic, began its planning in 2020 and was completed in February of this year; has proven to have been a highly successful investment for Del Rey’s future growth and pioneering commitment to transitioning to a fully sustainable business model.
The avocado’s surge in popularity has defied gravity over the past decade and once again it appears headed in that direction as f.o.b. prices are almost record-breaking even as volume increases. During the four full weeks of January, Mexico sent more than 222 million pounds of avocados to the U.S. market, and California began its harvest for the season chipping in another 8.8 million pounds. Those are robust numbers and will make January one of the top avocado-producing months of the year, yet the f.o.b. price is red hot.
Del Rey Avocado announced that Justin Warren has recently been appointed Del Rey Avocado’s new chief financial officer. To help ensure a smooth transition, Warren has been working closely with Bob Siemer, partner, and chief financial officer for the past year as director of finance. A seasoned member of Del Rey Avocado's finance team, Warren will also play a key management role and will be reporting to the company’s board of directors.