While overall production was down for U.S. citrus farmers, value increased by 7% to $3.39 billion, according to the recently released 2013-2014 Florida Citrus Statistics from the Florida Agricultural Statistics Service.
Driving the value up was tangerine value, rising 27%. Lemons were also up 62%. Tangelo value had the largest decrease in value to 24% while grapefruit value declined 10% and orange value decreased 5%.
Total citrus used for production in the U.S dropped 15% to 9.4 million tons. Total utilized citrus production was down in all citrus reporting states except Arizona, which was unchanged. Florida accounted for 59% of total citrus production, followed by California at 37% and Texas and Arizona combining to produce the remaining 4%.
Florida’s $946 million preliminary on-tree value of the 2013-2014 citrus crop was 19% less than the revised value of $1.16 billion for 2012-2013. Florida’s share of U.S. citrus production was 124.0 million boxes, declining 21% from the previous season’s 156.2 million boxes. The state’s all orange production decreased by 22% to 104.6 million boxes. Grapefruit production dropped 15% to 15.7 million boxes with tangerines and tangelo production dropping 12%.
The final frozen concentrated orange juice yield was 1.56 gal. per box of 42 degree Brix concentrate, according to the Florida Department of Citrus. The early-midseason portion of the crop finalized at 1.52 gal. per box while the late crop yielded 1.64 gal. per box. The final yield for frozen concentrated grapefruit juice was 1.21 gal. per box of 40 degree Brix concentrate, down from the previous year’s 1.22 gal. per box.
Although a maelstrom of issues have compounded at Starbucks Corp., one thing seems certain: profits will be lower than previously expected in 2018.read more
Forbes examined 60 of the best brands across the U.S. for franchisees to invest in, partnering with franchise industry research firm FRANdata. To develop the rankings, researchers delved into the system sustainability, system demand, value for investment, franchisor support and franchisor stability for each brand.read more
James covers markets for the Food Institute, including the canned vegetable, frozen vegetable, tomato products, processed fish, dried fruit, nuts and juice and concentrate sectors. A reporter and editor for 21 years, James has worked as a writer and editor for North Jersey Media Group, an associate editor at Rodman Publishing and a production editor for the Daily Racing Form. James can be reached by email at firstname.lastname@example.org or by phone at 201.791.5570 ext. 227.
There are no comments, yet. Why don't you add one?
10 Mountainview Road
Upper Saddle River, NJ 07458
Food Institute reps are available to answer your questions
BECOME A MEMBER
For close to 90 years, The Food Institute has been the best "single source" for food industry executives, delivering actionable information daily via email updates, weekly through The Food Institute Report and via a comprehensive web research library. Our information gathering method is not just a "keyword search."