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Lime price hike hits restaurants -: - may not be enough to serve free with beer - - (Read 203 Times)
 
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IslandJim
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Post Icon Posted: Mar 14th, 2014 at 08:47 am



The high price of limes and a shortage of shrimp will affect the Nayarit restaurant sector, but restaurants will not raise prices, National Chamber of Restaurant and Food Condiments Industry President Carlos García Jiménez said on Wednesday.

In an interview in Tepic, García Jiménez said that the problem is affecting the economy of the sector, due to the fact that lime has a widespread use in the Nayarit diet mainly composed of seafood.

We’ve seen figures from other states where the price of limes has even quadrupled. Now it is 63 pesos ($4.75) a kilogram here,” he said.

Mexico’s limes are principally grown in Michoacán, and a spike in violence in the Western state over the last year has resulted in a corresponding spike in prices.

Apart from these questions, García Jiménez said that the price of food on menus has not risen, due to the fact that there are different varieties of limes that are more accessible and that the price margin allows for this type of problem to be mitigated.

Reports from Tabasco say that limes cost as much as 63.90 a kilogram, whereas before the price was stable at 50 pesos.

Tabasco Federal Consumer Protection Agency (Profeco) representative Máximo Moscoso Pintado said that lime’s price hike is due to a mix of two factors: a recent freeze in the north that damaged many crops, and the so-called “coyotes” that transport the lime and have increased their costs.

García Jiménez said that Nayarit restaurant owners’ biggest worry is the lack of shrimp and its price, as low harvest amounts have been chalked up to the “white blotch sickness” affecting shrimp and, more recently, the closed season, which is instituted annually to avoid over-harvesting.

He said that the price of shrimp has reached as much as 185 pesos a kilogram, high compared to other seasons when it has cost anywhere from 95 to 30 pesos, depending on size. “The price of shrimp doesn’t decrease, in spite of there being producers, as we also have farms and estuaries.

García Jiménez said that, with the imminent arrival of Holy Week, he hopes that shrimp prices maintain and that the shrimp farms increase their production during March.

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Post Icon Posted: Mar 14th, 2014 at 09:42 pm

Check my math but it looks like limes might cost more per lb. than shrimpSmiley??

Well its a world market price for both items and Mexico exports both items.. HOWEVER..
#1.We've seen figures from other states where the price of limes has even quadrupled.. ( Hummm)
#2.Reports from Tabasco say that limes cost as much as 63.90 a kilogram, whereas before the price was stable at 50 pesos.

So am I To Believe that the further you are from Michoacán the more that Limes will / should cost?
Well you cannot get much further than Cozumel and are you telling me that limes are now .. 4X50= 200 MNP or more on Cozumel?? i.e. $16.67 US per Kilo or $8.34 per pound? FOR LIMES! who are we kidding here. But hey my neighbor here in SWF has 3 lime trees and he always reminds me to take all I want .. humm I think I could fedex them and still make money hahahaha How about Avocados I get those for free too $$$$ : )
Shrimp? $7.71 a LB for shrimp ? How Big are those shrimp? Shrimp are sold by number of shrimp in a lb. I just paid $9.50 for 15 count RETAIL!
But Oh My Goodness ... I just paid $25 a lb for lobsters. We'll be having Surf and Turf Tomorrow night : )
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Post Icon Posted: Mar 15th, 2014 at 09:57 am

Sounds like you got a good meal set for tomorrow night! Enjoy!!!

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Post Icon Posted: Mar 16th, 2014 at 12:43 pm

It was GREAT! Oh My GOODNESS was it great.. Tonight is Mahi Mahi.. Smiley ooopppsss almost forgot I picked up some Persian Limes today.. My friend who gives me limes grows a different variety and they taste different than Persians.. 5 lbs $3.69 ROTFLMAO Grown in Mexico hahahahaha No shortage of Mexican Limes IN The USA Smiley
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Post Icon Posted: Mar 16th, 2014 at 01:27 pm

Fresh Key Lime Imported From Mexico

Mexico, being a unique producer of the key lime, supplies 92.5% of limes to the United States, and is the second and third largest producer and exporter of the fruit respectively. Axia Traders sources key limes directly from Mexican producers of the fruit, offering various lime calibers and packaging options, to export them internationally. Mexico’s strength in lime production lies in its ability to ship substantial volumes 365 days a year, with consistent quality throughout the seasons. Areas focusing on the Mexican key lime variety include Veracruz, Oaxaca, and the western states of Colima & Michoacán, which together account for 80% of the key lime crop.

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Like most commodities, maybe the Mexican grown limes you buy in the Florida market today were actually contracted months or a year ago and favorable prices prevailed. Locals would not buy on contract like that so they are prices in the "spot market". You thinking about getting into the lime business? Think long term.
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Post Icon Posted: Mar 25th, 2014 at 10:51 am

CNC urges tougher penalties on lime case




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MEXICO CITY – The National Confederation of Campesinos (CNC) called Sunday for tough punishments for lime distributors, who they blamed for the fruit’s astonishing 600 percent price increase over the last three months, going from 12 pesos (91 cents) to 80 pesos ($6) a kilo.

According to CNC leader Gerardo Sánchez, the high price of limes is due to speculation by middlemen and not disease or the violence in the lime-producing Tierra Caliente region of Michoacán, as some people have argued.

Sánchez, also a senator affiliated with the ruling Institutional Revolutionary Party (PRI), said that it’s unacceptable that the price of limes has gone up 68 pesos over the last three months, when the minimum wage is only 67.29 pesos for a day’s work.

The fruit’s price is now almost twice that of a kilo of chicken or pork, which he said has driven consumers to despair, not to mention depressed sales in supermarkets and corner stores.

“According to reports released by the Chamber of Deputies Center for Investigation into Public Finances, the spike in lime prices has caused a fall in sales at stores affiliated with the National Supermarket and Department Store Association (ANTAD), which saw a 0.2 percent drop,” he said, adding that the authorities should be more energetic in investigating and punishing traders who speculate in the price of food.

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