Orange juice futures are hitting records as growers lose millions of dollars annually. U.S. citrus production is plummeting amid weather and disease extremes.
U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures."Citrus production in the United States pretty dire situation right now," Daniel Munch, economist at the American Farm Bureau Federation, told CNBC. "When you have a lack of supply that's unable to meet demand, prices for consumers shoot up.
A large part of the problem can be traced to the spread of citrus greening disease, which is considered to be one of the most serious plant diseases in the world that is currently incurable. Some of the key research areas include fruit breeding for citrus greening-resistant varieties, antimicrobial treatments and other pest control solutions, like crop covers."We've developed a very unique precision delivery technology called Trecise, that we're able to insert into the tree and deliver a very reduced amount of an antimicrobial, "O'Shea told CNBC.
Environment United States Orange Juice (Mar'23) Business U.S. Economy Economy Politics Markets Neutral Orange Juice Markets Citrus Farming Florida California Brazil Import And Export Prices Trade Balance Inflation Food Science Science USDA U.S. Economy Hurricane Ian 2022 Flooding Droughts Heat Waves Cold Waves Frosts And Freezing Storms Storm Surge Invasive Species Insects Pesticide Manufacturing Agriculture Grocery Shopping Agricultural Land Use Prices Producer Prices Food And Drink Farmer Migrant Workers Minimum Wage Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deshaun Watson bounces back and why Mike Vrabel matters: Orange and Brown TalkMary Kay Cabot and Dan Labbe talk Deshaun Watson and Mike Vrabel on Tuesday's Orange and Brown Talk podcast.
Read more »
Why is my AirPods case flashing orange and how to fix itAre you observing a flashing orange light on your AirPods case? There are several methods to troubleshoot this, including the steps outlined here.
Read more »
Orange wine sales are spiking — here's why it's on summer menus everywhereConnoisseurs approach the storage and consumption of wine delicately. However, regular consumers of liquor are not as thoughtful with storage. Spirits, liqueurs, vermouths, and amaro each have different lifespans, so storing them the same way won't maximize their quality.
Read more »
Why Grant Delpit is so important for the Browns defense: Orange and Brown TalkAshley Bastock and Dan Labbe talk Grant Delpit on Monday's Orange and Brown Talk podcast.
Read more »
Miss Manners: If an item doesn’t scan, please don’t say ‘I guess it’s free, then’, retail worker begsWhy, WHY do people think jokes like that are funny?
Read more »
Miss Manners: Please knock off the “it must be free” retail jokesWhy, WHY do people think jokes like that are funny?
Read more »