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Concentrated orange juice futures rose to $4.92 on New York's Intercontinental Exchange on Tuesday, FT said. That's almost double compared to the previous year, the outlet added.
The primary cause of this orange juice shortage is the significant hit to the orange harvest in Brazil, which accounts for nearly 70% of the global supply of orange juice. This year's harvest is ...
The crisis has even prompted some orange juice manufacturers and blenders to explore whether alternative fruits, such as mandarins, apples and pears, can be used to dilute the drink.
What’s the global orange juice supply crisis – and should Australians be worried? Oranges – and all the things we can make from them – are big business.
Though inflation has come down a bit, orange juice prices are still eye-wateringly high. Here's why it's expensive, and why ...
American orange-juice manufacturers will be on edge until April, ... After the citrus-greening crisis started in the early 2000s, the 100% Florida label began to disappear from cartons.
BREDENTON, Fla. — A company best known for orange juice faces a financial crisis and could be headed for bankruptcy. Tropicana Brands Group has seen sales and profits go downhill in recent years ...
The popularity of orange juice, long considered a 'breakfast staple' in the United States, is gradually waning. As a result, Tropicana, a leading orange juice manufacturer, is facing a financial ...
How we tested. We gathered a team of six Food & Wine editors to taste every orange juice. The juices were poured into plastic cups so that we weren’t aware of which juice was which.
Earlier this week, concentrated orange juice futures reached USD $4.92 a pound at New York's Intercontinental Exchange, nearly twice the price reported a year ago.