Low prices for orange juice affects producers

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.

Tuesday, November 4, 2008

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.
Carlos Odio, president of Tico Frut, the main company in the sector in Costa Rica, believes that the drop is temporary and that it will last between ...

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Reduction in Global Supply of Orange Juice

July 2014

Price rises are estimated due to the 25% reduction in exports from Brazil and the decline of 28% in the orange crops in the United States.

From a statement issued by the Foreign Trade Promotion Office of Costa Rica (Procomer):

In the first half of 2014, exports of Brazilian orange juice showed a significant drop.

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.

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.

International Price of Orange Juice on the Rise

January 2010

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

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.

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