The outlook for Florida orange yield is bad

By: Trademagazin editor Date: 2022. 01. 17. 11:02

According to the U.S. Department of Agriculture (USDA), Florida may have the lowest orange yield since the end of World War II, The Wall Street Journal reported.

Poor orange yield cause price jumps on commodity market

The USDA expects that only 44.5 million crates of 90 pounds (40.8 kilograms) of oranges will be harvested in Florida this year. The ministry estimates that an average of 1.42 gallons (nearly 5.4 liters) of frozen orange juice concentrate can be made from each box of oranges. (MTI)