Ripeles, que te forras, jajaja
On September 18th, the USDA said that Florida has the lowest commercial acreage of orange trees since 1986. On October 9th, the USDA estimated the upcoming Florida crop at 136 million boxes, less than expected. On October 16th, prices closed at their highest level in over a year. So far, so good (updated 10-28).
On October 9, 2009, the USDA pegged its first estimate of the 2009-2010 Florida orange crop at 136 million boxes, down from 162 million boxes the previous year and less than expected. The projected juice yield was estimated at 1.63 gallons per box at 42.0 degrees Brix, down from last year's 1.66 gallons per box.
On September 18, 2009, the USDA said that Florida had 492,529 acres of commercial orange groves, the lowest since 1986. On May 29, 2009, the USDA said that there would be 650 million (sse) gallons of orange juice stocks at the end of 2008-2009, or 62% of the year's production. As of September 30, 2009, there were 1.22 billion pounds of frozen orange juice in U.S. cold storage, up 2% from a year ago.
Brazil, the world's largest producer of orange juice, has potential problems on the horizon. Brazil has lost over two million trees to sudden citrus disease and orange farmers are also concerned about an outbreak of citrus greening disease. There is no cure to this disease, it is fatal to the trees, and it may have already spread throughout the country. In addition, on January 9, 2006, the U.S. began charging Brazilian exporters a 15% tariff (or more, depending on the exporter's cooperation) for "dumping" orange juice in the U.S. In February of 2009, the USDA said that it expects Brazil to produce 1.24 million tons of orange juice in 2008-2009, up 6% from the previous year. In 2008, Brazil's exports of frozen orange juice concentrate were down 8% from a year ago.
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