Good news for citrus as prices revised upward
Things are looking up in the citrus industry. Not only is a record crop now being harvested, but prices are inching their way up on world markets. A release from the Citrus Growers Association reports a new estimated final price for oranges of one dollar and one cent per pound solid, up substantially from the previous estimated price of eighty-seven cents. This price is the equivalent of six dollars and four cents per box under the old payment system.
Grapefruit growers will see even greater returns with their estimated final price rising from two-nineteen to two-thirty six per pound solid, the equivalent of a healthy nine dollars and thirty-eight cents per box.
The C.G.A. also announced that no fruit will be received at the factory from seven p.m. on Wednesday, March twenty-third until seven a.m. on Saturday March twenty-sixth. Fruit reception will recommence from seven in the morning to seven in the evening on Easter Sunday, Monday and the rest of the week.