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.
Record output, larger stocks, and softer exports point to a well-supplied domestic ethanol market as harvest progresses.
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Host of
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Highly Pathogenic Avian Flu (HPAI) cases are rising. In the last week, seven commercial turkey, duck, and egg layer flocks were culled across five Midwest states and California.
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A SCOTUS ruling on Trump’s tariffs could have long-term implications on the authority of future administrations to control U.S. trade policy, according to RFD-TV legal expert Roger McEowen.
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The Sheinbaum–Rollins meeting signals progress, but the focus remains on fully containing screwworm before cross-border movement resumes.
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