Mr. Bingley has noticed that limes are $2.99…for 3 limes.
Here’s why, in order of importance:
1. The Knights Templar: Mexican drug cartel behind increase in lime prices
Lemons being swapped for limes as prices continue to climb
Gustavo Arellano, a syndicated columnist and author who writes about Mexican cultural issues, says the Knights Templar have been making their presence known in an area called La Tierra Caliente for a few years now.
“So what they’ve done over the last couple of years, is that, if they’re nice, they put humongous taxes on the farmers. If they’re not nice, they just kill farmers and take the land and take over lime production themselves.”
Starting last year, however, things began to change in Michoacán, when local militias began to spring up in opposition to the Knights Templar cartel.
Those local militias, which are often backed by lime farmers, have been somewhat successful at curtailing the cartels. And the Mexican government has found itself caught in the middle.
2. Mother Nature:
A severe drought was followed by the spread of a bacterial disease (huanglongbing) that attacks citrus trees, then by a harsh winter that killed tree blossoms.
First came Mother Nature, and then the Knights Templar saw an opportunity – a truck of limes is worth $300,000
Those of you in the appropriate farming zones considering growing legal marijuana may want to look into lime production instead.