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You may want to re-think that Cinco de Mayo treat: Spike in lime prices results in pricey margaritas

Cheryl Santa Maria
Digital Reporter

Monday, May 5, 2014, 2:45 PM - The Margarita is a staple during Cinco de Mayo celebrations but a global lime shortage could be upping the price of the popular drink at your local establishment.

Vox has provided a breakdown of how the lime shortage stands to impact the price of margaritas.

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 In some places, lime prices have skyrocketed, resulting in a by-weight price that's more expensive than Mexican crude oil.

It isn't good news for margarita lovers given the fact the drink requires three-quarters of a cup of lime juice, which equates to roughly six limes according to Vox.

Lime prices have risen so high it's caused some airlines to sour on serving the fruit, prompting Alaska Airlines to offer up lemons instead.

The shortage is being blamed, in part, on extreme weather in Mexico.

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One Florida-based lime importer says the average price for a box of limes in January was $22, jumping to $100 by January.

And limes aren't the only problem.

In March, U.S.-based restaurant chain Chipotle Mexican Grill drew the ire of dip lovers everywhere after an online report suggested it may have to temporarily suspend the sale of salsa and guacamole due to changes in global weather patterns that have negatively impacted avocados.

Airlines have soured on using limes on flights as prices for the citrus fruit skyrocket
Soaring cocoa prices could turn chocolate into a 'luxury' item
Climate change threatens global coffee production
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