When you think of orange juice… What first comes to mind is Florida and all the citrus groves that produce oranges. But a combination of recent tropical storms and a devastating citrus-killing disease has crushed supplies in the Sunshine State.
In February, we pointed out a new trend of increasing US imports of orange juice from South America, especially Brazil, to make up for lost production in Florida. Fast forward months later, and data from Bloomberg , citing industry group CitrusBR, shows a record surge in exports of orange juice from Brazil to the US.
CitrusBR said exports of orange juice from Brazil to the US jumped 55% for the 12 months ended in June. This means more Americans than ever are drinking OJ from Florida Brazil. And Brazilian OJ could be sticking around: “Even if the next Florida crop shows some slight recovery, production levels are already set to be […]
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