Lower Supply, Higher Demand and Processed Orange Prices

Josh McGill Processing, Production

By Ariel Singerman According to the U.S. Department of Agriculture (USDA), production of processed oranges in Florida will decline again this season (Figure 1). If such a forecast materializes, production will have declined by approximately 80% since HLB was first found in the state. The Florida Department of Citrus reports that, as a consequence of COVID-19, orange juice demand has …