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Citrus greening cuts Florida orange forecast to lowest since 1990

Orange juice futures are expected to rise after a widespread citrus greening disease, more properly known as Huanglongbing or HLB, in Florida is causing fruit to drop early. Orange juice futures in New York will rally 18 percent to $1.6465 a pound by

Orange juice futures higher on citrus greening, a crop disease

In its first Citrus report of the crop year that began Oct. 1, the USDA forecasts that Florida growers would reap 125 million 90-pound boxes of oranges. That would be the smallest harvest since 1989-1990, when a freeze hit the

Orange Growers Fall Victim to Property Bust –

Since being spotted in 2005, the disease has spread to all parts of the state. And with no known cure, citrus greening is threatening to cripple a $9 billion-a-year industry that supplies 90% of U.S. orange juice. As if the