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Article: Frozen concentrated orange juice prices lowest in 16 years.
- Article from:
- Frozen Food Digest
- Article date:
- July 1, 1993
CopyrightCOPYRIGHT 1993 Frozen Food Digest, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Frozen concentrated orange juice prices plummet under pressure of sharply expanded orange juice supplies in both the United States and Brazil, the world's major orange juice producers.
The United States and Brazil both realized larger orange crops this season. The March 1993 forecast for 1992/93 Florida orange production is 188 million boxes, up 34 percent from last season's crop of 139.8 million boxes. The larger crop combined with a record-high projected juice yield of 1.57 gallons (42 degrees Brix) per box, will likely raise Florida's orange juice production nearly 40 percent, from 811 million gallons (single-strength equivalent) in 1991/92 to 1,111 million ...