The United States stockpiles of cold-stored orange juice have plunged by 43 percent in September from a year earlier
- This is due to a combination of crop diseases across Florida's citrus groves and the wrath of Hurricane Ian
- orange juice futures surged to as high as $2.18 per pound.
Economists: Higher prices are the cure for higher prices
- Farmers can have more incentive to produce more of their crop when the price of the fruit is higher
- Brazil is the world's largest orange producer and provides half of the juice
- The forthcoming Brazilian crop is set to be far larger than last year's
- While not all of the oranges will get converted into juice, the availability of oranges in itself is a key factor
Other related stories:
- FDA takes stand for public health, resists industry pressures to increase allowable levels of toxic fungicide carbendazim in orange juice product imports
- From your favorite breakfast cereals to your orange juice, here is a list of foods that have "tested positive" for glyphosate contamination
https://www.naturalnews.com/2022-10-27-cold-stored-orange-juice-stockpiles-lowest-level.html
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