Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 20, 2013 08:35:28

Orange concentrate grew afraid of being infected oranges

ColosseumFutures on orange concentrate more expensive again yesterday and will now move at relatively high levels close to the highs, which recently reached in mid-December last year. The current lack of water in Florida is helping the spread of bacterial infection oranges, known as Huanglonbing or also known as Citrus Greening. Florida is the second most important producer of citrus fruits in the world. The local production of oranges would, according to estimates, could drop to the level of 136.5 million boxes. Even 8th March while the U.S. Department of Agriculture estimated production in Florida to 139 million boxes. Concentrate the May delivery yesterday on ICE Futures U.S. more expensive by 0.4% to 139.65 cents a pound weight. and # 160;

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