US Orange Juice Imports From Brazil Surge as Florida Suffers Setbacks
- Brazil shipments at record after hurricane hit Florida groves
- OJ shortfalls may drive up costs by 30% in the US, Europe
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The US is stocking up on Brazilian orange juice after Hurricane Ian and disease devastated citrus groves in Florida, the top producing state for the popular breakfast beverage.
Shipments to the US from the world’s top exporter are up 58% in the first four months of the season from a year ago, hitting a record 112,500 metric tons to the end of October, according to Brazil’s Secretariat of Foreign Trade.