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03.03.25 - 21:24
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Does Eating Oranges Reduce Depression Risk ? (AFX)
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WASHINGTON (dpa-AFX) - Recent research suggests that adding oranges to your daily diet could help reduce the risk of depression. While depression can stem from various factors including family his......
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26.02.25 - 19:31
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Orange juice Makers Are Desperate for a Comeback (Bloomberg)
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Orange juice's sweet taste once propelled it to the top of the charts. Today, that sugar content is more of a liability, making its popularity drop by more than half since its peak in the late 1990s. (Source: Bloomberg)...
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22.12.24 - 19:12
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Florida and oranges have been a pair for decades. Now the industry has sour prospects (The Guardian)
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Hurricanes and an untreatable tree disease have left a once fruitful citrus industry with little to produce this yearFor decades it was the signature taste of Florida: orange juice from the state's plentiful groves advertised to a thirsty nation as “your daily dose of sunshine”. But now another hyperactive hurricane season, paired with the dogged persistence of an untreatable tree disease known as greening, has left a once thriving citrus industry on life support.Only 12m boxes of oranges will have been produced in Florida by the end of this year, US Department of Agriculture (USDA) forecasts show, the lowest single-year yield in almost a century. The figure is 33% lower than a year ago, and less than 5% of the 2004 harvest of 242m boxes. Continue reading......
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12.12.24 - 11:54
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Citrus Crisis: Florida′s Orange Juice Production Slides To Lowest Level Since 1930 (ZeroHedge)
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Citrus Crisis: Florida's Orange Juice Production Slides To Lowest Level Since 1930
The US Department of Agriculture has released an alarming new forecast for Florida's citrus industry.
The latest projection indicates orange production for the current season will total around 12 million boxes—the lowest since 1930—according to Bloomberg, citing the new USDA report.
Source: Bloomberg
A devastating hurricane this fall has compounded the damage already inflicted by citrus greening disease, a bacterial infection that has decimated groves over the past decade.
Orange juice futures have surged to $5 per pound, a staggering 433% increase from the Covid-era lows of around $1 per pound. Worsening supply constraints could squeeze prices even higher.
Florida's orange production and citrus exports face an uncertain future as the industry struggles to recover from the dual blows of severe weather and disease.
More from Bloomberg:
The cut reflects an even dimmer situation for Florida's citrus indust...
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23.11.24 - 09:24
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Spain′s floods force some UK sellers to buy oranges from southern hemisphere (The Guardian)
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British suppliers source from South Africa and South America as Spanish farmers struggle to harvest and shipSome British retailers and wholesalers have been forced to switch to sourcing oranges from South Africa and South America early after last month's “catastrophic” floods in eastern Spain left farmers struggling to harvest and ship their crops.Companies in the UK have moved to buying fruit from the southern hemisphere several weeks earlier than in a typical year to prevent gaps emerging on supermarket shelves and amid fears over the quality of Spanish produce. Continue reading......
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