> Orange juice prices soar because of extreme weather and disease
Orange juice prices soar because of extreme weather and disease
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Description
Orange juice prices have always been volatile, falling when bumper harvests create an oversupply of oranges and rising when frost or a hurricane knocks out fruit trees.
But the record-high prices the world is seeing for OJ right now may be on the table for a while, since the diseases and extreme weather ravaging orange groves in some top-producing countries aren’t easily resolved problems.
MORE: https://www.wtsp.com/article/money/high-orange-juice-prices-from-disease-weather/67-65c5c13b-e6df-4e05-bd6b-06ce2eeee526