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Companies May Stop Using Oranges to Make Orange Juice as Costs Skyrocket
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<blockquote data-quote="Babagounj" data-source="post: 5919074" data-attributes="member: 12952"><p>[URL unfurl="true"]https://www.newsweek.com/companies-may-stop-using-oranges-make-orange-juice-1905954[/URL]</p><p>"Orange production in the three major orange producing regions—Brazil, Mexico, and the U.S.—has been flat to declining over the past three years," David Branch, Wells Fargo Agri-Food Institute Sector Manager, told <em>Newsweek.</em></p><p><em>Sao Paulo and Minas Gerais, which produce the most oranges in Brazil, are forecast to harvest 232.38 million 40.8-kg boxes this year, according to <em>Reuters, </em>citing Fundecitrus data. That is a drop of about 24 percent and the lowest haul since 1988-89.</em></p><p><em></em></p><p><em>The declines have led some in the industry to contemplate switching to mandarins for juice making.</em></p></blockquote><p></p>
[QUOTE="Babagounj, post: 5919074, member: 12952"] [URL unfurl="true"]https://www.newsweek.com/companies-may-stop-using-oranges-make-orange-juice-1905954[/URL] "Orange production in the three major orange producing regions—Brazil, Mexico, and the U.S.—has been flat to declining over the past three years," David Branch, Wells Fargo Agri-Food Institute Sector Manager, told [I]Newsweek. Sao Paulo and Minas Gerais, which produce the most oranges in Brazil, are forecast to harvest 232.38 million 40.8-kg boxes this year, according to [I]Reuters, [/I]citing Fundecitrus data. That is a drop of about 24 percent and the lowest haul since 1988-89. The declines have led some in the industry to contemplate switching to mandarins for juice making.[/I] [/QUOTE]
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Companies May Stop Using Oranges to Make Orange Juice as Costs Skyrocket
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