Of course, the
rest of the story -- in fact, the
real story, is that the market has bid up the (already subsidized) FCOJ price -- which is the primary market for Florida citrus -- over
300% from its pre hurricane blowout lows in 2004.
There is no intent here to diminish the confusing situation of the growers, many of whom are faced with the awful dilemma of selling OJ at 3 times the price of a few short years ago, or of selling the farm to developers in the hottest real estate market in history. It is posted mainly to alert those interested that perhaps the most important fact of the story, the one about the price of crop that the growers grow, was completely overlooked, ignored, and otherwise omitted from the story.
What the devil kind of reporting is this?
the 2004 Low was less than $0.60, and can be viewed on a longer term PDF chart here.Did I read somewhere that colder weather in the last few decades was forcing citrus growers into the very southern tip of Florida?
I was wondering what would happen with the news tha citrus cancer has spread throughout the state. It the old laws were properly applied under today's circumstances, there essentially wouldn't be any orchards left in the state!
We often vacation in Bradenton,home of a huge Tropicana plant.It's really impressive to see the plant and all the truckloads of oranges being brought to the plant.
Sometimes,if the wind is right,you can even get the aroma of citrus coming from the plant.
That fragrance sure beats what you get around Newark.