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L.A.
New Orleans Saints Fan
Los Angeles
Member since Aug 2003
36735 posts

Looks like the price of oranges and orange juice will be going up


quote:

Citrus Disease With No Cure Is Ravaging Florida's Groves
Friday, 10 May 2013

AVON PARK, Fla.—Florida's citrus industry is grappling with the most serious threat in its history: a bacterial disease with no cure that has infected all 32 of the state's citrus-growing counties.

Although the disease, citrus greening, was first spotted in Florida in 2005, this year's losses from it are by far the most extensive. While the bacteria, which causes fruit to turn bitter and drop from the trees when still unripe, affects all citrus fruits, it has been most devastating to oranges, the largest crop. So many have been affected that the United States Department of Agriculture has downgraded its crop estimates five months in a row, an extraordinary move, analysts said.

With the harvest not yet over, orange production has already decreased 10 percent from the initial estimate, a major swing, they said.

''The long and short of it is that the industry that made Florida, that is synonymous with Florida, that is a staple on every American breakfast table, is totally threatened,'' said Senator Bill Nelson, a Florida Democrat who helped obtain $11 million in federal money for research to fight the disease. ''If we don't find a cure, it will eliminate the citrus industry.''

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jimbeam
USA Fan
University of LSU
Member since Oct 2011
26922 posts

re: Looks like the price of oranges and orange juice will be going up








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acgeaux129
USA Fan
We are BR
Member since Sep 2007
15011 posts

re: Looks like the price of oranges and orange juice will be going up


I lol'd

Minute Maid is owned by Coke and Tropicana is owned by PepCo. Dole and Chiquita are rallying today.






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
17170 posts

re: Looks like the price of oranges and orange juice will be going up


If only Beaks had gotten me that crop report sooner I could have cornered the frozen concentrated orange juice futures market!







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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
8706 posts

re: Looks like the price of oranges and orange juice will be going up


This is really bad for my hometown. Tropicana OJ plant is the 2nd largest for profit employer in Manatee County and directly effects like 80% of the county's economy.



On the plus side, Pepsi stock should get cheap again, and I'm circling like a friendly shark






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TheDiesel
LSU Fan
Houston via Baton Rouge
Member since Feb 2010
2397 posts

re: Looks like the price of oranges and orange juice will be going up


Who owns Simply Orange? That stuff is the best





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kage
Auburn Fan
ATL
Member since Feb 2010
3262 posts

re: Looks like the price of oranges and orange juice will be going up


On that same note, this is pretty scary, not to mention the massive die off of bees recently.


LINK /






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ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
7172 posts

re: Looks like the price of oranges and orange juice will be going up


quote:

If only Beaks had gotten me that crop report sooner I could have cornered the frozen concentrated orange juice futures market!


I was just coming to post this






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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
54534 posts

re: Looks like the price of oranges and orange juice will be going up


quote:

I was just coming to post this


Me too. frick






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
17170 posts

re: Looks like the price of oranges and orange juice will be going up


I troll the internet for great opportunities to use the crop report.


This post was edited on 5/10 at 1:47 pm


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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
54534 posts

re: Looks like the price of oranges and orange juice will be going up


You only had one minor mistake. It's Beeks.





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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
17170 posts

re: Looks like the price of oranges and orange juice will be going up


Ya I didn't feel like fixing it. I'm as lazy as Valentine was at the beginning.





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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
54534 posts

re: Looks like the price of oranges and orange juice will be going up


Billy Ray had the entrepreneurial spirit





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
64219 posts

re: Looks like the price of oranges and orange juice will be going up


Those damn orange farmers always have an excuse to keep prices high.... Too hot, too cold, too much rain, not enough, non curable desease now





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jimbeam
USA Fan
University of LSU
Member since Oct 2011
26922 posts

re: Looks like the price of oranges and orange juice will be going up








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