Hispanic Business TVHispanic Business TV
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
      • Social Media Management
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Reading: Why U.S. citrus is facing a shortage crisis
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Hispanic Business TVHispanic Business TV
Search
  • Featured
  • Popular Cities
    • Atlanta
    • Boston
    • Chicago
    • Dallas
    • Denver
    • Houston
    • Las Vegas
    • Los Angeles
    • Miami
    • New York
    • Phoenix
    • Salt Lake City
    • San Antonio
  • Business
    • HBTV Toolbox
  • Politics
  • HBTV Sports
    • MLB
    • MMA
    • NCAAF
    • NBA
    • NCAAM
    • NFL
    • NHL
  • Entertainment
  • Living
    • Culture
    • Latino Lifestyle
    • Education
    • Cannabis
Have an existing account? Sign In
Follow US
© 2024 hispanicbusinesstv All Rights Reserved.
Hispanic Business TV > Business > Why U.S. citrus is facing a shortage crisis
Business

Why U.S. citrus is facing a shortage crisis

HBTV
Last updated: August 1, 2024 12:24 pm
HBTV
Share
3 Min Read
107373506 1707921237405 Gettyimages 2008625588 Q1016758 5hchzxoh.jpeg
SHARE


Contents
Potential solutionsDon’t miss these insights from CNBC PRO

U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures.

Citrus growers are losing millions of dollars every year, according to the United States Department of Agriculture. 

At the same time, orange juice futures have hit record highs.

“Citrus production in the United States [is a] pretty dire situation right now,” Daniel Munch, economist at the American Farm Bureau Federation, told CNBC. “When you have a lack of supply that’s unable to meet demand, prices for consumers shoot up.” 

Florida has seen a dramatic orange production decline in recent years. According to the USDA, there were over 658,000 orange acres in Florida in 1998. As of 2023, there were just over 303,000 acres of oranges planted in Florida, or a total acreage drop of more than 50% in just 25 years.

A large part of the problem can be traced to the spread of citrus greening disease, which is considered to be one of the most serious plant diseases in the world that is currently incurable.

“When citrus greening starts to enter the grove, it reduces the productivity of those trees, ultimately forcing them into death, and then therefore removal from the grove,” Amy O’Shea, CEO of Invaio Sciences, an agricultural sciences company, told CNBC.

Potential solutions

The problems plaguing citrus production are not easily remedied as climate change has made extreme weather more common and scientists have yet to come up with scalable citrus greening treatments.

Some of the key research areas include fruit breeding for citrus greening-resistant varieties, antimicrobial treatments and other pest control solutions, like crop covers. 

Invaio is one of the companies researching and developing treatments for citrus greening.

“We’ve developed a very unique precision delivery technology called Trecise, that we’re able to insert into the tree and deliver a very reduced amount of an antimicrobial, “O’Shea told CNBC.

When Trecise is inserted into a tree, the active ingredient goes into its vascular system as opposed to being applied outside of the tree, according to O’Shea.

In August 2023, Invaio’s Trecise received emergency approval for use from the Florida Department of Agriculture and Community Services.

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. 

Watch the video above to learn more about the threats facing both U.S. and global citrus production and how the industry may be able to bounce back after decades of disease and destruction wrought by extreme weather.

Don’t miss these insights from CNBC PRO



Source link

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article Nivuvujp5tj99cwuasfl.jpeg Kirk Cousins cleared a big hurdle and looked good doing it
Next Article Favicon.png Platinum Group Advisors Receives Women Owned Small Business Certification
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
InstagramFollow
- Advertisement -
Ad imageAd image

Latest News

7 news stories for Phoenix renters this week (May 13)
Phoenix
May 14, 2026
Justice Department Claims UCLA’s Medical School Illegally Considered Race in Admissions
Education
May 14, 2026
Denise Powell wins Democratic primary in Nebraska’s ‘blue dot’ 2nd District
Latino Lifestyle
May 14, 2026
Houston ranks No. 1 among top moving destinations for 2025
Houston
May 14, 2026

Advertise

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

HispanicBusinessTV is your go-to source for the latest in Latino lifestyle, culture, and business news. Stay informed and inspired with our comprehensive coverage and in-depth stories.

Quick links

  • Advertise With Us
  • Terms and Conditions
  • Privacy Policy
  • About Us
  • Contact

Top Categories

  • Business
  • HBTV Sports
  • Entertainment
  • Culture

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2025 HispanicBusinessTV.com All Rights Reserved. A WooWho Network Digital Property.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?