Irma Topples Citrus Industry in Florida
While many building and homes were destroyed following Hurricane Irma’s path through Florida, another area was hit just as hard: the citrus industry. In some parts of the state, more than half of the orange crops were destroyed, mostly as the fruits were ripped from the branches themselves, rather than damage to the actual trees.
For Bloomberg Markets, Whitman Supply Chain Management Professor Burak Kazaz detailed how this will alter other areas throughout the state. This includes a probable surge in the prices of orange juice, something that was also seen following hurricanes from the mid-2000s.