Our network

Florida Citrus officials to study China's impact | News

Title (Max 100 Characters)

Florida Citrus officials to study China's impact
News

BARTOW, Florida --  The Associated Press reports that the Florida Citrus Commission will study the impacts of China's growing citrus industry.

The three-year, $174,941 study looks at how China will affect the world's orange juice and fresh citrus markets.

Researchers at the University of Florida will examine all aspects of Chinese citrus from horticulture to economics to determine if or when the country will become the third major player on the global market.

Florida's juice processors annually buy 95 percent of the state's orange crop. Brazil accounts for nearly 55 percent of the world's annual orange juice production, while Florida produces about 30 percent, mostly sold in the U.S.

Any changes in the global juice market could negatively affect the profitability of Florida citrus.

According to the website Orangejuicefacts.com, "Approximately 80 percent of America's orange juice is made from Florida-grown oranges. Most citrus is grown in the southern two-thirds of the Florida peninsula because there is a low probability of freeze in that area. Polk County, in the central part of the state, remains the top citrus producing county."

News

Polk County Deals

Polk County Businesses