Monday, January 11, 2010

The Florida cold

I'm sorry but if I see the slightest hint of a run on grapefruit, I'm going to run to the store and carry what I can. So far so good, though.

WSJ says orange futures were down 12% this morning (after having risen last week), reflecting an apparent assessment that the damage wasn't too terrible.

Bloomberg
says this morning's freeze, the coldest yet, may have damaged 5 percent of the orange crop. But they quote someone in the industry saying "Growers won’t know how much damage has been done until a week or two later..."

1 Comments:

At 4:43 PM, Blogger ertzeid said...

California citrus is doing just fine. There must be 50 lemons in the tree in the back yard, and oranges are flowing like water in roadside stands.

 

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