How Alico Had Less Crop Decline Than Average

Jim Rogers Industry News Release, Production

Alico President and CEO John Kiernan recently pointed out that the company had less orange crop decline than Florida as a whole in the 2021–22 citrus season. He noted that while the U.S. Department of Agriculture reported that the Florida crop declined 22.7% from the prior season, Alico’s decline was only 12.9%. “The company believes this lower rate of decline …

Alico Has Lower Production but Higher Prices

Jim Rogers Industry News Release, Production

Alico Inc. reported it had reduced orange production and lower pound solids per box during the six months that ended March 31. However, the company received higher prices per pound solids. For the period, Alico Citrus harvested approximately 4.1 million boxes of fruit, a decrease of 10.3% from the same period of the prior fiscal year. The decrease is principally related to fewer pieces …

citrus crop forecast

A Challenging Harvest Season for Alico

Jim Rogers Citrus, Industry News Release

The current citrus harvest season “has been a challenging one for Alico,” the company stated in a late March press release. “In addition to a harvest season that was anticipated to produce less fruit than in the prior year, many of the state’s citrus groves, including Alico’s citrus groves, were impacted by a freeze event in late January 2022.” Nearly …

Florida citrus

Alico Reports Higher Prices, Lower Yield

Jim Rogers Agriculture, Orange Juice, Production

Alico, Inc.  has seen an increase in the price per pound solids for oranges from $2.25 to $2.58 so far this season. A significant reason for the price improvement is the continued strength of consumption of not-from-concentrate orange juice by retail consumers, the company stated. Average pound solids per box were down for the fiscal quarter that ended Dec. 31, 2021. The pounds …

Florida citrus

Florida Citrus Company Says Production Down, Prices Up

Daniel Cooper Industry News Release

Florida citrus company and landowner Alico, Inc. saw harvested boxes of fruit decrease during the fiscal year that ended Sept. 30 but got a boost from higher prices linked to consumer demand for orange juice. The company reported this in federal Securities and Exchange Commission filings released Tuesday. Alico said it harvested 6.4 million boxes of fruit during the year, …