Brazil’s orange juice stock closes 19/20 at highest level in 5 years

Final stocks of orange juice for the 2019/20 harvest should reach 420,782 tonnes in June this year, an increase of 66% in annual variation and the highest level since 2015.

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Box Tax Could Increase for Florida Oranges In addition to a tax hike that could help increase marketing from $3 million in the current year to more than $9 million, staff would have to provide options of no increase to the box tax and the continued use of remaining “fund balance” dollars.
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