Orange juice may become pricier and less sweet over the next several months as Florida’s famous groves yield the smallest crop of citruses in nearly a century.
It may also make fresh juice taste less sweet. Greening disease, which causes trees to produce green and bitter fruits, has infected nearly all of Florida’s groves. Even ripe oranges from infected trees have become smaller and less succulent.
Juice prices will stay high in the coming months, according to analysts. U.S. manufacturers typically source extra oranges from Brazil, which is also experiencing a shortage after“Prices are going to stay high, and demand is going to go down because consumers can’t afford it and may not like the taste,” said Judy Ganes, who heads commodities research firm J. Ganes Consulting.
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