Question

Commodity prices Can you find data showing how much (or how little) the price of a...

Commodity prices

Can you find data showing how much (or how little) the price of a commodity (avocado) has changed over time? Be sure to cite your sources. Find online.

Homework Answers

Answer #1

NOTE: Avocado prices despite being an agricultural commodity do not posses a globally accepted benchmark price (unlike much of mineral and energy commodities). Hence, price changes in the world's largest producer Mexicos is depicted below. Information Source : " https://www.statista.com/statistics/591766/mexico-wholesale-prices-avocado-by-month/​"

As seen in the graphs above prices rose moderately during the early part of the year, followed by steep increases in the middle part and finally cooling off a bit.

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