International Price of Orange Juice on the Rise

The price per pound has climbed to $1.36, after a series of frosts affected orange plantations in Florida, U.S.

Thursday, January 21, 2010

Carlos Odio, head of Tico Fruit, one of Costa Rica's largest exporters of the product, added that the price has been rising since November, recording a high of $1.5 per pound on December.

Odio told Nacion.com: "Between 4% and 6% of Florida's plantations were affected. It is not an important volume, but fear struck the markets, driving up the price, even though it has almost doubled the price of one year ago".

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Sharp Rise in International Price of Orange Juice

January 2014

The decline in the U.S. supply caused by the effects of a pest in plantations in Florida, creates opportunities for Central American producers.

An attack of the yellow dragon disease in plantations in the state of Florida, the second largest supplier of orange juice, caused a decrease in supply resulting in a price increase.

A Prosperous 2012 for Oranges

January 2012

Current prices of around $2 per pound of solids, the highest prices since 2007, are consistent with market developments since that year and should remain at that level.

The finding of fungicide residues in a shipment of concentrate from Brazil, the world's largest producer, coupled with fears that frosts would affect plantations in Florida, caused prices to shoot up in US stock exchanges to record levels of $2.13 per pound of solids on January 10th.

Low prices for orange juice affects producers

November 2008

The value on the New York Stock Exchange is below the break-even point in production costs, estimated to be $0.90 per pound of solids.

From December 2006 to now, the price of orange juice fell 59%, creating problems for farmers.
This product was being quoted on the New York Stock Exchange went from $1.98 per pound of solid juice frozen concentrate to only $0.80 per unit, during the aforementioned period.

Orange Juice Rejected Due to Fungicide Traces

April 2012

The United States has zero tolerance for the presence of chemicals like carbendazim, detected in two shipments of orange juice exported from Costa Rica.

The fungicide is used to fight orange fungus. News of the rejection of these two shipments was published on the U.S. government’s Food and Drug Administration (FDA) website on April 5 and on a bulletin at the Nasdaq stock market.

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