fb

ACCA SUMMER SALE 20% OFF

Florida, the “sunshine state”. Or should that be the “frozen orange state”?

Florida, the “sunshine state”. Or should that be the “frozen orange state”?

One of my favourite drinks is orange juice. Especially if some ice and vodka have been mixed with it.

There’s a high chance though that the price of my drink will increase this year.

The orange juice commodity market on the ICE Futures US exchange is pretty volatile at the moment. The reason?

The Florida orange crop was badly hit last month by cold weather.

Florida is the world’s second largest producer of oranges and temperatures last month were the coldest December temperatures on record in Florida.

The end result was that the crops were badly damaged. With the supply of oranges being reduced and the demand staying consistent, basic economic theory means that prices will go up.

Indeed they already have. Orange juice prices are currently near a 4-year high and the expectation is that the prices will increase further.

So this will mean that when you buy your fresh oranges at the market they will cost more.

It’s not just the fresh fruit that will be impacted though. Coca-Cola have announced plans to increase the prices of their Simply Juice drinks by between 4% and 8% this year.

Luckily the price of vodka and ice has been unaffected by the cold weather.

Share this entry

Recent articles

View All Articles
It’s all hands on deck moving from Big 4 to 4 people…
Jun 17, 2025
Title
It’s all hands on deck moving from Big 4 to 4 people…
Excerpt

When multinational companies switch auditors, it’s usually a move that signals routine rotation, cost management, or strategic realignment. […]

From whisky to wickets…
Jun 16, 2025
Title
From whisky to wickets…
Excerpt

Diageo, the global drinks giant behind brands like Guinness, Smirnoff and Johnnie Walker, is reportedly considering a sale […]

“Just Build It” – the Nike LEGO collaboration
Jun 12, 2025
Title
“Just Build It” – the Nike LEGO collaboration
Excerpt

Nike and LEGO are teaming up to launch co-branded products and experiences aimed at inspiring kids through active […]

Laziness and intelligence.
Jun 12, 2025
Title
Laziness and intelligence.
Excerpt

Whilst a lot of you won’t admit to being lazy (and I’m sure most of you aren’t in […]

The road to electric cars is full of potholes…
May 28, 2025
Title
The road to electric cars is full of potholes…
Excerpt

The electric vehicle (EV) market has seen tremendous growth in recent years, with major car manufacturers and startups […]

Is the stage set for airline pricing at the theatre?
May 26, 2025
Title
Is the stage set for airline pricing at the theatre?
Excerpt

Imagine paying £300 for a theatre ticket, only to find there’s more to pay if you want to […]

WeightWatchers files for bankruptcy as drugs take over…
May 12, 2025
Title
WeightWatchers files for bankruptcy as drugs take over…
Excerpt

Weight-loss drugs like Ozempic and Wegovy have revolutionised the weight management market, leaving companies which were once dominant […]

A whole new world: Disney’s Middle East move
May 08, 2025
Title
A whole new world: Disney’s Middle East move
Excerpt

The Walt Disney Company has announced its first-ever theme park in the Middle East, set to be built […]