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Higher orange juice prices on the way in wake of Irma's damage to Florida groves

Professor Emeritus Atif Kubursi says 'economics tell you that if you have something in short supply, the price will rise.'

Sep 25, 2017

After tearing through the Caribbean, Hurricane Irma piled through the heart of Florida's citrus growing region, completely destroying some groves, and causing damage that will not only send prices higher, but also possibly threaten the health of the entire industry.

In his address to the Florida Department of Citrus late last week, the state's agriculture commissioner, Adam Putnam, put a brave face on what growers are dealing with.

"It has decimated our industry. The path of this storm could not have been any worse for Florida agriculture and Florida citrus specifically. But we're tougher than that storm. And Florida citrus will pick up, replant and move on, " Putnam said.

He said some operations in Southwest Florida suffered anywhere from 70 per cent to 100 per cent crop loss. 

You can read the full article on the CBC News website.