WebFeb 16, 2024 · Currently, market data shows a 24% year-over-year increase in orange juice prices. Its top peak amid the crop shortage, on Jan. 27, 2024, reached $161.55 per pound — the commodity’s highest ... WebOct 12, 2024 · The upshot: The price of orange juice, which has already climbed to an all-time high of $2.90 per 12-ounce can because of soaring food inflation, could go even higher. The USDA's forecast said 28 million boxes of Florida oranges would be produced in the 2024-23 season. That would be the lowest output since 1943 and down 32% from last …
Florida’s Hurricane-Hit Orange Crop Means Juice Shortage to …
WebNov 6, 2024 · PepsiCo is raising prices on its Tropicana orange juice because of the deep freeze that hurt much of Florida’s citrus crop, the company said Wednesday. PepsiCo said … WebJan 29, 2024 · The primary culprit for what is expected to be such a small crop is something called citrus greening, an incurable disease decimating Florida orange groves, spread by a creepy, lice-like bug. The... highfleet red flag on map
Orange Juice PRICE Today Orange Juice Spot Price Chart - Insider
WebNov 6, 2024 · November 6, 2024. Since it’s producing far fewer oranges for orange juice, there’s going to be a shortage of cartons of orange juice available on the market. With low supply and high demand for orange juice, the price rises. Orange juice is expensive because of the shortage caused by citrus greening disease. WebMay 20, 2024 · Orange production across the U.S. dropped 11 percent compared to last. Supply clogs and workforce issues due to COVID-19 likely also attribute to the backup. For consumers, this means grocers will have to import more, resulting in higher prices at the stores. According to the USDA, lemon imports are up already about 10 percent this year. WebOrange juice🍊. Was at my local Waffle House this morning and I overheard another customer order orange juice. The server said there is a shortage and they haven't been able to get any and don't know when they will. Citrus greening is also causing lower yields in Florida. This disease destroys trees and has been pervasive for a few years ... how humidity affects the body