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Last month, agriculture officials said Florida's orange production forecast for the 2024-2025 season had dropped 20% from the previous one in October, reflecting damage from Hurricane Milton.
Data from the U.S. Department of Agriculture forecasts the Sunshine State’s orange production to be off more than 33% when compared to the 2023-2024 harvesting season. Florida growers are ...
Orange juice prices 1973 - 2022 Citrus greening was first found in 2005 in the US and has cut the Orange tree production in half [2] [3] Citrus greening disease [4] (Chinese: 黃龍病; pinyin: huánglóngbìng abbr. HLB) [5] is a disease of citrus caused by a vector-transmitted pathogen. The causative agents are motile bacteria, Liberibacter spp.
Beyond Florida, the disease was discovered in the Gulf states and reached as far north as South Carolina. It took more than 20 years to eradicate that outbreak of citrus canker, from 1913 through 1931, $2.5 million in state and private funds were spent to control it—a sum equivalent to $28 million in 2000 dollars. [ 17 ]
Bad weather and a citrus crop disease are leading to bitter orange juice prices for consumers. ... Florida's orange crop is expected to come in at 713,000 tons, the smallest since the 1936-1937 ...
Florida's Natural Growers was founded in 1933 as Florida Citrus Canners Cooperative. Its initial operations included canning juice and grapefruit sections for its members, [3] and in 1938 began extracting juice with automated machines. During World War II, the company produced concentrated orange juice for the military; after the war, 80% of ...
Penicillium digitatum (/ ˌ p ɛ n ɪ ˈ s ɪ l i əm ˌ d ɪ dʒ ɪ ˈ t eɪ t əm /) is a mesophilic fungus found in the soil of citrus-producing areas. [1] [2] [3] It is a major source of post-harvest decay in fruits and is responsible for the widespread post-harvest disease in Citrus fruit known as green rot or green mould.
“Orange juice prices are rising because of the three Ds: Drought, Disease [and] Demand,” Dave Reiter, a trader for Reiter Capital Investments, told CNBC in an email. “When most people think ...