Wednesday, July 25, 2007

Orange Juice Rises on Speculation Disease, Storms May Trim Florida's Crop

(Bloomberg) -- Orange-juice futures in New York rose
on speculation diseases and storms may reduce the harvest in
Florida, the world's second-biggest producer.

``Citrus greening,'' which shrinks fruit, ruins flavor and
kills trees, was confirmed last week to have spread to Hardee
County, one of the state's largest growing regions and the 24th
county in which the disease has been found. Florida's output fell
to a 17-year low in the most recent harvest as groves were slow
to recover from hurricane damage and a disease called ``canker.''


Read more at Bloomberg Commodities News

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