Retail prices reportedly recently hit a record $6.27 a gallon for reconstituted juice and $10 a gallon for squeezed, or not from concentrate.
Orange juice prices are headed for the roof after Florida growers were slammed by a heavy hurricane season last year, an early freeze and a fast-spreading disease that’s strangling the life out of orange groves.
Retail prices recently hit a record $6.27 a gallon for reconstituted juice and $10 a gallon for squeezed, or not from concentrate,“It’s like liquid gold,” commodities analyst Judy Ganes told the Journal. An early freeze last January damaged budding trees and Hurricane Ian and Hurricane Nicole last fall toppled and uprooted more trees. Growers also have been grappling with “citrus greening” — a disease in which trees shed their fruit prematurely because of attacks from an insect that reportedly came to the US from Asia more than a decade ago.For the first time since World War II, the Sunshine State will produce fewer oranges than California.
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