We Gave The World Avocado Toast, Now Australia Has Too Many Avocados
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We Gave The World Avocado Toast, Now Australia Has Too Many Avocados

A glut has the nation rethinking ways to serve the green fruit.

By Mike Cherney
Wed, Aug 24, 2022 9:49amGrey Clock 3 min

Suzanne James has big dreams for one of her favourite fruits.

Avocado smoothies. Avocado cake. Avocado chocolate mousse. She tried the avocado pickle recipe—vinegar, chilli, sugar—but her family didn’t love it.

Australia, credited with spreading avocado on toast around the world, is creaking under a mountain of the green, pear-shaped fruit. Farmers in past years had planted thousands of avocado trees to keep up with demand, which, turns out, hasn’t grown nearly as fast as supply.

Prices in Australia are at rock bottom. Some of the fruit is left to rot. Yet the tough times for avocado farmers have yielded a bounty for avocado lovers.

“I don’t remember ever seeing them this cheap,” said Ms. James, a 51-year-old nurse. She used to buy two avocados a week. Now she doesn’t hesitate to buy three or four. Australia’s avocado deflation encourages more culinary experiments at a time when other groceries are getting more expensive.

Average single avocado prices at some Australian grocery stores are down about 30% compared with a few years ago. Grocery chains recently sold avocados for 1 Australian dollar each, equivalent to about 70 cents.

The country’s surplus is by one estimate enough to provide every resident with 22 avocados for the year. An advertising and social-media campaign is trying to persuade residents to eat more of them.

An industry-sponsored contest invited people to post pictures of avocado creations on Instagram and Facebook for a prize of $1,000. Avocado spaghetti, avocado parfait and an avocado face mask were among the winners.

Another competition aimed to find the best avocado toast at the nation’s cafes. And a branded Instagram account sends out new recipes every few days—creations such as grilled avocados and chocolate avocado cupcakes.

“I was a bit sceptical on avocado fries, but I was quickly turned around,” said Stuart Tobin, a creative director at TBWA Sydney, the ad agency that developed the avocado marketing campaign. “They actually got crunchy, but creamy in the middle.”

Mexico is the world’s leading producer and supplies most of the U.S. market. Americans started buying more avocados after seeing 1992 Super Bowl ads that featured guacamole, said Jeff Miller, author of “Avocado: A Global History” and an associate professor of hospitality management at Colorado State University.

“Everybody’s growing them,” Dr. Miller said. “Until fairly recently, they were just like money in the bank,” he added.

In Australia, Bill Granger, owner of a chain of restaurants and cafes, put avocado toast on his menu in the 1990s and got credit for making the dish popular. Avocado toast is now offered at virtually every Australian cafe. (Some amateur food historians wave around references to putting avocado on toast in Australian newspaper articles of the 1920s.)

In 2016, Australian columnist Bernard Salt in a satirical piece wrote that the reason young people couldn’t afford houses was because they were spending their cash on pricey avocado toast, sparking a national debate.

A TV ad during the Tokyo Olympics last year featured comedian Nazeem Hussain discussing how the avocado—which has a green and gold hue similar to the colours of Australia national team jerseys—is the “official, unofficial sponsor of pretty much everything Australian, ever.”

Australian avocado growers aren’t allowed to sell their fruit in the U.S. Even if they could, they would find Mexico a formidable competitor. The growers are trying to sell more to countries in Asia, including Japan.

In a local push, grower Tom Silver, who likes his avocados with a beer, said he has been trying to persuade his cafe and restaurant customers to sell avocado smoothies, which are popular in some Southeast Asian countries.

Mr. Silver said he hasn’t had much luck, maybe because his preferred recipe calls for ice cream. “It’s not particularly healthy,” he said. “The avocado is the most healthy thing in it.”

John Tyas, chief executive of the industry association Avocados Australia, said part of the strategy to sell more avocados is to get consumers to eat avocados not just for breakfast or in summer salads, but also in desserts.

He is investigating another avenue to ease the avocado glut: An attempt at the Guinness World Record for the largest serving of guacamole. The Guinness benchmark is a 3700kg tub of guac made in Mexico.

“We’ve got some ideas about how we might be able to do that, possibly leasing some facilities at a dairy because they’ve got big vats,” he said. “Then we’ve got to find enough people to eat it.”

Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: August 23, 2022



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There are Corvette fans for whom the base US$68,300 car is plenty powerful enough. After all, it produces 495 horsepower and can reach 60 miles per hour in 2.9 seconds. But hold on, there’s also the approximately US$115,000 Z06—with 670 horsepower and able to reach 60 in 2.6 seconds. These split seconds are important for busy people—and for marketing claims. And if that’s not enough go power, there’s the even more formidable 900-horsepower ZR1 version of the Corvette, starting around US$150,000. The hybrid E-Ray, at US$104,900, is pretty potent, too.

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That world title is much sought after, and is currently held by the Sweden-built 1,600-horsepower Koenigsegg Jesko Absolut, with a two-way average top speed of 277.8 mph. But Hennessey is still very much a contender. The company is hoping the 1,817-horsepower F5 (with 1,192 pound-feet of torque) can exceed 300 mph on the track this year.

The Hennessey Venom F5 coupe is sold out, despite a more than $2 million price tag.
Hennessey photo

Hennessey’s previous Venom GT model (introduced in 2010) was based on the Lotus Exige, with a GM LS-based engine, and was built by partner Delta Motorsport. Spokesman Jon Visscher tells Penta , “The new Venom F5, revealed in 2020, is a 100%bespoke creation—unique to Hennessey and featuring a Hennessey-designed 6.6-litre twin-turbo V8 engine boasting 1,817 horsepower, making it the world’s most powerful combustion-engine production car.” Leaps in performance like this tend to be pricey.

This is a very exclusive automobile, priced around US$2.5 million for the coupe, and US$3 million for the F5 Roadster announced in 2023. Only 30 Roadsters will be built, with a removable carbon-fiber roof. The 24 F5 coupes were spoken for in 2021, but if you really want one you could find a used example—or go topless. In a statement to Penta , company founder and CEO John Hennessey said that while the coupe “is now sold out, a handful of build slots remain for our Roadster and [track-focused] Revolution models.”

Only 24 Revolutions will be built in coupe form, priced at US$2.7 million. There’s also a rarefied roadster version of the Revolution, with just 12 to be built.

The Venom F5 Roadster has a removable carbon-fibre roof.
Hennessey photo

The Venom F5 coupe weighs only 3,000 pounds, and it’s not surprising that insane speeds are possible when combined with a hand-built motor (nicknamed “Fury”) created with power uppermost. The V8 in the F5, installed in a rear mid-engine configuration, has a custom engine block and lightweight forged aluminium pistons, billet-steel crankshaft, and forged-steel connecting rods. Twin turbochargers are featured. The F5 can reach 62 mph in less than three seconds, but top speed seems to be its claim to fame.

The driver shifts the rear-wheel-drive car via a seven-speed, single-clutch transmission with paddle shifters. The interior is not as spartan or as tight as in many other supercars, and is able to handle very tall people. The butterfly doors lift up for access.

“With 22 customer Venom F5 hypercars already delivered to customers around the world, and a newly expanded engineering team, we’re focusing the Venom F5 on delivering on its potential,” Hennessey says. “Breaking 300 mph in two directions is the goal we aim to achieve toward the end of this year to claim the ‘world’s fastest production car’ title.”

Hennessey says the car and team are ready. “Now the search is on for a runway or public road with a sufficiently long straight to allow our 1,817-horsepower, twin-turbo V8 monster to accelerate beyond 300 mph and return to zero safely.” The very competitive Hennessey said the track-focused Revolution version of the F5 set a fastest production car lap around Texas’ 3.41-mile Circuit of the Americas track in March, going almost seven seconds faster than a McLaren P1.

The Revolution features a roof-mounted central air scoop (to deliver cool air to the engine bay), a full-width rear carbon wing, larger front splitter and rear diffuser, tweaked suspension, and engine cooling. It’s got the same powertrain as the standard cars, but is enhanced to stay planted at otherworldly speeds.

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