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The first is that most of the frozen concentrate orange juice in the US — 69% — is from imported orange production, according to Branch. For non-frozen, not-from-concentrate OJ, 14% comes from ...
As a result, prices for orange juice have increased 26.82% since the beginning of 2024, and prices for orange juice concentrate are up to $4.95 per pound, more than double the cost from this time ...
3.24 Philippines. 3.25 Peru. 3.26 Romania. 3.27 Russia. ... Minute Maid was the first company to market frozen orange juice concentrate, [3] ... (retail price: 29¢ a ...
Orange juice future prices hit a record high at $3.56 on Tuesday after hitting a record closing high of $3.55 on Sept. 27. Since 2020, the cost of frozen orange juice concentrate has soared 270% ...
In the U.S., a 12-ounce can of frozen orange juice concentrate cost an average of $4.27 in April, 42% more than during the same month a year earlier, according to government figures. In the United Kingdom, where the British Fruit Juice Association says supplies are at 50-year lows, the price of fresh orange juice rose 25% over the past year ...
About a third of citrus fruit production goes for processing: more than 80% of this is for orange juice production. Demand for fresh and processed oranges continues to rise in excess of production, especially in developed countries. [9] The two main juice producers are Florida in the United States and the state of São Paulo in Brazil ...
The result was frozen concentrated orange juice; this was not until three years after the war had ended. [8] By 1949, orange juice processing plants in Florida were producing over 10 million gallons of concentrated orange juice. Consumers liked concentrated canned orange juice as it was affordable, tasty, convenient, and high in vitamin C.
The benchmark frozen concentrated orange juice futures, traded on the Intercontinental Exchange in New York, closed at $4.77 per pound on Wednesday. That’s nearly double the price registered a ...