Orange juice prices on the rise

By: Matt McGovern Email
By: Matt McGovern Email
This is due to a crop in Florida being hit hard by cold weather, and also a fruit disease.

This year's crop is expected to yield the lowest harvest in 24 years.

FLORIDA (NBC) - Breakfast just got a little more expensive.

Orange juice prices have hit two-year highs because the crop in Florida has been hit hard by the cold winter, and by a fruit disease.

This year's crop is expected to yield the lowest harvest in 24 years.

Florida's orange industry has 66 percent of the total US market share. About 95 percent of the state's orange crop is used for juice.


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