1/11/12, "Orange juice prices hit record," BBC
"The price of orange juice on the global markets has hit a record high, after surging over the past few days.
Traders say the main reasons are safety concerns about juice from Brazil, the world's largest producer of orange juice,
- and cold weather in Florida.
The US Food and Drug Administration said carbendazim, a fungicide,
- has been found in shipments from Brazil.
Orange juice has risen by about 25% since the beginning of the year, to $2.12 a pound.
Carbendazim is banned in the US, but is used legally in Brazil to treat black spot, a type of mould that grows on trees.
"Consumption of carbendazim at the low levels that have been reported does not raise safety concerns," the FDA said in a letter published on its website....
The FDA said it would "deny entry to shipments that test positive for carbendazim"....
The US is the second-largest producer of orange juice, with production mainly concentrated in Florida.
A few days of cold weather in Florida has led to ice being found in some fruit
- and damage to tree leaves.
"We had two nights in parts of Florida where we had below zero temperatures. That will definitely cause damage," said Mr Smith."...
-------------------------------
Ed. note: Where would Time Magazine reporter Bryan Walsh be without the Goldman Sachs backed 'global warming' industry? Likely out of a job.
It would be nice if Brazil's oranges weren't poisonous.
.
No comments:
Post a Comment