Why Orange Juice Prices Could Stay Near Record Highs
According to the USDA, Florida’s orange production peaked in 1998 at 244 million boxes and has been on a precipitous decline ever since. A significant decline occurred after the historic 2004 hurricane season with production falling from 242 million boxes to 149.8 million, then dropped below 100 million boxes in 2015 for the first time …
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