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Top related persons:
Pedro Vilela - 1 Kees - 1 Mario Tama - 1 What's - 1 greening - 1 — - 1 Greening - 1 Chandan Khanna - 1
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Search resuls for: "Fundecitrus"


3 mentions found


☆ Disease, drought and alternative fruits: The orange juice industry is in crisis
  + stars: | 2024-06-18 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +3 min
A worker at a citrus fruit farm separates the tangerines for sale on June 6, 2024 in Piedade dos Gerais, in Minas Gerais State, Brazil. Pedro Vilela | Getty Images News | Getty ImagesThe orange juice industry is reeling. The crisis has even prompted some orange juice manufacturers and blenders to explore whether alternative fruits, such as mandarins, apples and pears, can be used to dilute the drink. Bottles of Simply Orange orange juice are displayed for sale in a grocery store on September 28, 2023 in Los Angeles, California. High incidence of citrus greening
Persons: Pedro Vilela, Kees, Mario Tama, What's, greening, —, Greening Organizations: Getty, Vegetable Juice Association, CNBC, Intercontinental Exchange Locations: Piedade dos Gerais, Minas Gerais State, Brazil, Los Angeles , California, New York, Florida
☆ Orange juice prices are going through the roof — forcing some makers to consider alternative fruits
  + stars: | 2024-05-30 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +3 min
Chandan Khanna | Afp | Getty ImagesOrange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing some makers to consider alternative fruits. The benchmark frozen concentrated orange juice futures, traded on the Intercontinental Exchange in New York, closed at $4.77 per pound on Wednesday . Orange juice on display in a grocery store on Jan. 19, 2023, in Miami, Florida. "A lot of them will be changing the quantities of juice they are putting in their blends to drop the orange juice and increase other juices, such as pear juice, apple juice, grape juice, so they are less reliant on the orange juice," Campbell told CNBC via telephone. "It does seem like this [situation] is going to be here for the longer term," he added, noting that some players in the orange juice market had observed a large drop in demand year-over-year.
Persons: Chandan Khanna, That's, Joe Raedle, Harry Campbell, Campbell, Fundecitrus Organizations: Afp, Getty, Intercontinental Exchange, CNBC, Bloomberg Locations: Arcadia , Florida, Florida, Brazil, U.S, New York, Orange, Miami , Florida, Itupeva, Sao Paulo state, Sao Paulo
☆ The world is facing an orange juice crisis. The race is now on to find a substitute fruit.
  + stars: | 2024-05-30 | by ( Mikhaila Friel | ) www.businessinsider.com   time to read: +1 min
Orange juice manufacturers face a supply crisis and are considering alternative fruits. Brazil and Florida's orange supplies are declining due to disease and poor weather conditions. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. A report from Fundecitrus and CitrusBR said that the climate crisis and a citrus disease known as greening have caused Brazilian orange farmers to harvest their smallest crop in decades. Brazil is the world's largest orange juice producer and exporter.
Persons: CitrusBR Organizations: Service, Business Locations: Brazil, Fundecitrus, Sao Paulo, Minas Gerais
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