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Published 1 month ago

High orange juice prices may be on the table for a while due to disease and extreme weather

  • Record-High orange juice prices are likely to persist due to diseases and extreme weather affecting orange groves in top-producing countries.
  • Brazil's orange harvest is forecasted to be the worst in 36 years due to flooding and drought, impacting the world's largest orange juice exporter.
  • Orange production in the U.S., Florida, and Spain has decreased significantly due to hurricanes, invasive pests, and droughts, leading to supply shortages and price increases in the United Kingdom.
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