Florida orange growers are reportedly harvesting a shrinking amount of the crop, now at its lowest in almost 90 years. As a result, prices for OJ are increasing. Here’s why:
The 18 million boxes of oranges reportedly would be less than half of the size of oranges produced in 2022. WSJ reported it’s a 93% decline from when the producing oranges in Florida were at its peak in 1998.
Short supplies of oranges in Florida have caused the prices of frozen concentrate orange-juice futures to rapidly increase. The price of juice at grocery stores imported from Brazil and Mexico is at an all-time high.. “Prices are justified to be high, yet that also limits demand.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Mother and son accused of running brothel out of Florida homeThe mother was reportedly in charge of working the door and accepting cash payments, the sheriff’s office alleged.
Baca lebih lajut »
Florida Fish and Wildlife targets ring that illegally trafficked cobras, vipers, and other venomous snakesThe Florida Fish and Wildlife Conservation Commission conducted a multi-year investigation into an illegal snake trafficking ring, resulting in the arrest of eight individuals.
Baca lebih lajut »
8 injured in shooting at MLK Day event in Florida, authorities sayEight people were injured in a shooting at a Martin Luther King Jr. event in Fort Pierce, Florida, a local sheriff's office confirmed.
Baca lebih lajut »
8 injured in shooting at MLK Day event in Florida, authorities sayEight people were injured in a shooting at a Martin Luther King Jr. event in Fort Pierce, Florida, the St. Lucie County Sheriff's Office confirmed.
Baca lebih lajut »
8 injured in shooting at MLK Day event in Florida, authorities sayEight people were injured in a shooting at a Martin Luther King Jr. event in Fort Pierce, Florida, a local sheriff's office confirmed.
Baca lebih lajut »
8 injured in shooting at MLK Day event in Florida, authorities sayBREAKING NEWS: Eight people were injured in a shooting at a Martin Luther King Jr. event in Fort Pierce, Florida, sheriff's office says.
Baca lebih lajut »