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Orange Insight

AGRICULTURAL FINANCE

Orange Insight

Nov. 12, 2020

The U.S. orange industry appears poised to begin a period of recovery following two decades of challenges that pushed production down 58% since 2000.1 Extreme weather, disease, and rising costs all coalesced as headwinds for the industry. However, today optimism among producers has increased due to progress on new disease treatments and rising demand for citrus. While we acknowledge challenges remain, we posit the outlook for the U.S. industry has improved greatly.

1 Citrus Production Forecast, USDA, July 2019.

Authors
Blaine Nelson
Associate Director, Agricultural Research & Strategy
Tom Karmel
Associate Director, Agricultural Research & Strategy
Rob Galbraith
Analyst, Agricultural Strategies Group