Farms.com Home   Ag Industry News

Cold Temperatures Put Harvests in California and Arizona in Jeopardy

Cold Snap in Two U.S. States Could Mean Higher Prices in the Supermarkets

By , Farms.com

An unexpected cold snap in California and Arizona could results in lower quality and quantity of produce in supermarkets. The unseasonably colder temperatures falling between four and five degrees away from normal for this time of year are impacting produce crops and most notably citrus fruits.

Some estimates are already predicting that one-quarter of the region’s orange crop has taken a hit. With some analysis’s saying that if the hit is hard enough, it could result in a price increase of up to 20 to 30 percent.

The extent of the damage is yet to be determined, but if analyses are right it could mean that you should be expecting higher prices on your grocery bill for some produce items soon.


Trending Video

Making Soybeans Great Again! + A Fools Gold?

Video: Making Soybeans Great Again! + A Fools Gold?


Trump's post this week that China would buy an additional 8 mmt of U.S. soybeans was a “game changer” near-term. The plunge in Bitcoin down 50% from the highs may no longer be considered a “digital” gold. It has followed the selling in tech this week with the NASDAQ down 7%. The 45Z announcement provided more clarity and guidance resulting in higher soyoil futures. Next weeks USDA February crop report is historically a non-event and more.