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Freeze hits Florida

This article was originally published in Foodnews

THE freeze currently affecting Florida is expected to send temperatures down to a level where fruit damage is a certainty. "We could have some frozen fruit," admitted Andrew Meadows of the growers' association, Florida Citrus Mutual. Temperatures have fallen to 28˚F and Agriculture Commissioner, Charles Bronson, has obtained an executive order from the governor declaring a state of emergency. This lists the weight restriction on trucks to allow farmers to load and transport their crops as quickly as possible. FCOJ futures have slipped slightly from their three-year high to USD1.6695 per lb, equivalent to a physical price of about USD2 400 per tonne.

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