Why orange juice futures hit records and prices may even go higher

Citrus growers are losing millions of dollars every year as U.S. orange production plummets amid extreme weather events, incurable citrus greening disease and inflationary pressure. In 2024, orange juice futures hit records and prices may even go higher. The problems plaguing global citrus production are not easily remedied, but experts are hopeful investment in innovations can help save U.S. citrus groves.