USDA Buys Grapefruit Juice

Dan Citrus

Doug BourniqueWith grapefruit juice inventories at their highest levels in memory for the start of a season, Florida grapefruit growers are elated that USDA has confirmed purchase of millions of pounds of grapefruit juice right here at the start of the harvest season. As Indian River Citrus League’s Doug BOurnique states in this report, it should mean more stable prices for growers this season in the grapefruit juice deal. Listen To MP3 Report (1:30 wma)
For anyone interested in the actual details from USDA about what they are looking for in this purchase, here is a link to that information. (pdf format)