Citrus Prices Rise


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Fri. April 26th, 2013

<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;line-height:130%"> Asbury Park, NJ</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By Eric Anderson<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">4.26.13</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Prices of Florida citrus fruit rose over the last month, making scurvy-prevention all the more costly.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The average price of a four-pound bag of oranges increased nearly 30 percent — from $2.99 last month to $4.24 — in the latest Asbury Park Press Consumer Price Index review of commonly purchased groceries.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Although, oranges have been dropping in price for several months, analysts have expected a steep rise in costs due to fears of a smaller crop in Florida, the world’s second-largest orange-producing region. Complications stemming from an extended period of dry weather and a disease affecting the fruit are blamed for the lower expectations.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Though the average price of a four-pound bag of oranges is increasing, it is still far short of last August’s high of $5.49, according to the Asbury Park Press.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.app.com/apps/pbcs.dll/article?AID=2013304240158" target="_new">Citrus Update</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">