Brazilian orange juice is the new gold after Hurricane Ian

ShortagesHot SpotsTrade & Border Issues
Written By Jennifer Joslyn

🇧🇷 Brazilian orange juice is the new gold after Hurricane Ian.

The citrus groves of Florida were devastated by the storm and disease that ran rampant through the Sunshine State, leaving this year’s crop the lowest in 79 years. There is a global deficit for juice supplies and it’s driving up the cost of the beverage for consumers. The U.S. and Europe can both anticipate the price of orange juice rising as much as 30% by the beginning of 2023. The Department of Agriculture has stated that the stockpiles of fruit juice are sitting at their lowest in 45 years.

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