Keywords
Economics
How to Cite
Singerman, Ariel. 2019. “How Much Can Florida Growers Afford to Spend on Caretaking Processed Orange Groves?”. EDIS 2019 (December). Gainesville, FL. https://journals.flvc.org/edis/article/view/118305.
Abstract
The likely decrease in prices for processed oranges this season presents growers with challenging management decisions. Last October, the Florida Department of Citrus (FDOC) projected an average 2019/20 price for early and mid-season oranges of $1.62 per pound solids, while for valencia oranges the forecast was $1.78 per pound solids. Those projected prices represent a 26% and 25% decline for each variety relative to their average spot prices for 2018/19, which were $2.20 and $2.38 per pound solids, respectively. In addition, some growers have recently reported that at least some of their crop has not been contracted for yet. A key question for growers then becomes: How much they can afford to spend on the caretaking of their groves?