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Orange juice shortage has manufacturers eyeing other fruit

  • Climate change and disease are impacting orange supplies
  • This could be one of the worst orange harvests Brazil has seen in decades
  • Manufacturers may blend oranges with other fruits, use mandarins instead

FILE – Oranges rot on the ground on Oct. 12, 2022, at Roy Petteway’s Citrus and Cattle Farm after they were knocked off the trees from the effects of Hurricane Ian in Zolfo Springs, Fla. According to U.S. Agriculture Department estimates released Friday, Dec. 9, production of oranges in Florida is forecast to drop by 36% for this season compared with estimates from October, in part a reflection of twin hurricanes that battered growing regions. (AP Photo/Chris O’Meara, File)

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(NewsNation) —  Climate change and disease in Brazil could have you drinking mandarin juice instead of orange juice for breakfast as prices reach record highs.

Concentrated orange juice futures Tuesday reached $4.29 per pound, nearly doubling in price compared to last year, the Financial Times reported.

The orange market took a turn in 2022 after a hurricane and cold weather hindered Florida orange groves. The nation’s southeast growing region was also hit by infection and disease that caused the fruit to turn bitter or fall prematurely.

The outlook is growing more dire amid warnings that last year’s heat in Brazil could lead to one of the worst orange harvesting seasons in decades, according to NBC News.

Manufacturers can sometimes get away with blending other fruits with stored frozen orange juice, but those stockpiles are shrinking as the orange industry continues to face challenges.

At some point, manufacturers may need to turn to mandarins, a citrus that is “more resilient to climate change,” according to the Financial Times. Otherwise, they may take advantage of more accessible fruits by mixing juices with flavors like pear, apple and grape, NBC reported.

“Until that point is reached where consumers are no longer willing to pay the premium for orange juice because it is at such low supply, prices will continue to drive up,” Mintec commodity market research analyst Henry Campbell told CNBC.

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