Citrus Market Prices

Alico, Inc., one of Florida’s largest citrus producers, announced financial results for the fiscal quarter ending Dec. 31. Some highlights regarding the company’s citrus operation follow. For the quarter, Alico Citrus harvested approximately 0.8 million boxes of fruit, a decrease of 14.6 percent from the first quarter of the prior fiscal year. The decrease was principally related to there being less fruit available on the citrus trees as well as greater fruit drop in the current harvest season compared to the prior harvest season.

However, as anticipated, the company has seen an increase in the price per pound solids from $1.87 to $2.25. A significant reason for this improvement is increased consumption of not-from-concentrate orange juice by retail consumers since March 2020, as evidenced by published Nielsen data. This decreased the inventory supply levels at Florida citrus juice processors. Based on the latest published Nielsen data for the 12-week period ended Dec. 26, consumption of not-from-concentrate orange juice by retail consumers increased by 14 percent, compared to the same period in the prior year. The company experienced an overall decrease in pound solids per box, which was 5.26 for the fiscal quarter ending Dec. 31, compared to 5.52 for the fiscal quarter ended Dec. 31, 2019.

“As we have commenced the fiscal year 2021 harvest season, Alico has seen, along with the entire Florida citrus industry, a decrease in processed box production of the early and mid-season crop, as compared to the same period last year,” said John Kiernan, Alico president and chief executive officer. “The latest published U.S Department of Agriculture (USDA) citrus forecast report estimates an approximate 33 percent decline of the early and mid-season crop for the current harvest season, as compared to the prior year. Because of its comprehensive grove management program, Alico believes its percentage decline in early and mid-season crops will be substantially lower than the USDA’s estimate.”

Description

Prices of oranges have remained above 2020 levels for much of this year so far, only falling below in the last three weeks. Prices in week 24 were 12 percent lower year-on-year at $1.09 per kilo, with supplies coming from Arizona, California, Mexico and Texas.

Stock up on several of these juicy Lemons to enjoy with each day while meal planning. Squeeze a few to make delicious homemade lemonade and provide a healthy dose of vitamin C to your diet. Drizzle lemon juice over fish or add it to your favorite sauces. Serve slices with your favorite cocktails and use when baking cakes, cookies and tarts. They are sold in-store at a per-unit price, so you can stock up on as many as you need. You can even buy just one single lemon at a time. Pair them with other fresh fruit from Walmart.

Features of Citrus

Most. citrus are rich in essential vitamins and can be used to create healthy dishes. A large variety is available, including common choices such as oranges and lemons. Many brands come in the form of the whole fruit that can be peeled or squeezed as you see fit. Others are pre-cut and prepackaged for easier storage and shipping. Several types of. citrus will add bright colors to a kitchen.

Suppliers of citrus often grow and sell fully natural varieties. Most do not contain GMOs and are safe for most people to enjoy. Some suppliers will allow you to customize the packaging and logo on your order if you need to. Many types of. citrus are available from a collection of different countries. Pick one with an exotic species or one that you know will reach you easily.

Benefits of Citrus

  • McLane Company fresh lemons
  • Juicy and fresh
  • Packed with vitamin C
  • Sold individually
  • Ideal for making lemon water and lemonade
  • Use for adding flavor to baked fish and sauces
  • Tasty ingredient in desserts
  • Available for in-store purchase only

Prices of Citrus

 $400.00-$800.00 / Ton

Sharing is caring!

Leave a Comment

Your email address will not be published.

error: Content is protected !!