U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures. At the same time, orange juice futures have hit record highs. Florida has seen a dramatic orange production decline in recent years. Invaio is one of the companies researching and developing treatments for citrus greening. The volatility of these threats may cut into citrus harvest expectations, which leads experts to believe that higher prices for orange juice are likely to remain, at least in the short term.

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Persons: Daniel Munch, Amy O'Shea, We've, O'Shea, Invaio's Trecise Organizations: United States Department of Agriculture, American Farm Bureau Federation, CNBC, Invaio Sciences, Florida Department of Agriculture, Community Services Locations: United States, Florida, Invaio