Florida’s current orange crop is facing historically low numbers.
According to USDA ERS’s Catharine Weber, “Forecast for 2024-2025 marketing year is 522,000 tons, down 35% from last season. If realized, this Florida orange crop would be the smallest in 95 years.”
This is, of course, a huge concern for prices as Florida oranges have historically played a big role in meeting market demand.
“Florida oranges continue to play a major role in the U.S. orange juice industry, accounting for about 50% of oranges used in domestic production last season. Historically, Florida oranges have dominated the U.S. Florida orange juice industry, with Florida oranges accounting for around 90% of domestic orange juice production as recently as the 2016-2017 season.”
Weber says that with so few oranges in production this year, USDA ERS expects orange juice imports to rise higher this year than in years past.
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Dr. Peter Beetham, interim CEO of Cibus, joined us to discuss the status of EU gene-editing deregulation and its potential implications for agriculture.
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Representative Henry Cuellar (D-TX), who sits on the U.S. House Appropriations Committee, spoke exclusively with RFD NEWS about what Congress is doing to address screwworm concerns, including funding for a sterile fly production facility in Mexico.
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HHS Secretary Robert Kennedy calls on cattle producers to retain breeding cows while Ivomec receives emergency authorization to prevent New World screwworm.
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The House Agriculture Committee is set to debate a new, “skinny” Farm Bill at the end of February, according to a release from Committee Chairman Rep. Glenn “GT” Thompson.
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Regulatory uncertainty could slow the growth of fiber and grain hemp unless implementation is delayed.
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