Florida Orange Shortage Drives Spike In Juice Prices

  • Florida orange growers are facing what’s forecast to be their smallest crop in nearly 90 years.
  • What’s happening: Florida is expected to produce 18 million 90-pound boxes of juicing oranges this year, according to a U.S. Department of Agriculture forecast last month.
  • That’s less than half of last year’s crop and a 93% decline from the 1998 peak, the Wall Street Journal reports.
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