A devastating hurricane this fall has compounded the damage already inflicted by citrus greening disease, a bacterial infection that has decimated groves over the past decade.
Orange juice futures have surged to $5 per pound, a staggering 433% increase from the Covid-era lows of around $1 per pound. Worsening supply constraints could squeeze prices even higher.
https://activistpost.com/2024/12/citrus-crisis-floridas-orange-juice-production-slides-to-lowest-level-since-1930.html
A devastating hurricane this fall has compounded the damage already inflicted by citrus greening disease, a bacterial infection that has decimated groves over the past decade. Orange juice futures have surged to $5 per pound, a staggering 433% increase from the Covid-era lows of around $1 per pound. Worsening supply constraints could squeeze prices even higher. https://activistpost.com/2024/12/citrus-crisis-floridas-orange-juice-production-slides-to-lowest-level-since-1930.html
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