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Orange forecast reduced

This article was originally published in Foodnews

THE USDA has reduced its orange crop forecast for the 2008/09 season by 400 000 boxes to 157.6 million boxes. "This is a manageable crop and that is important because we need to start moving out excess juice inventories, " said Michael Sparks, chief executive of Florida Citrus Mutual. "The USDA has taken off several million boxes since its initial estimate in October so we are anticipating this should have a positive effect on grower returns."


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