Mission Produce Faces Price Pressure Despite Higher Volumes

Mission Produce is experiencing higher sales volumes and lower prices due to improved supply conditions. The company is scaling production and expanding globally, but the pressure on prices may challenge profitability in the near term. Lower prices are expected to continue in Q4 due to abundant Peruvian supply and higher volumes from owned farms. To balance the equation, Mission Produce is emphasizing operational efficiency, disciplined cost control, and diversification to mitigate the effects of reduced prices.