Texas citrus growers, shippers weather drought OK - The Packer

Texas citrus growers, shippers weather drought OK

01/19/2012 05:12:00 PM
Jim Offner

“In the last two weeks, we’ve had a fairly decent amount of rain,” he said at the end of December.

“We’ve also had some cooler weather, which has added some color to the fruit.”

The drought has cut into supplies somewhat but not enough to cut into profits, said Mike Martin, president of grapefruit grower-shipper Rio Queen Inc., Misson.

“Because of lower supply, we’re seeing pricing holding on oranges and grapefruit a little higher than we normally would,” he said.

“Nobody is under the gun to move a lot of volume, so there’s a very orderly flow to the market and we need to stretch out the season just a little bit and we’re harvesting accordingly.”

He estimated this year’s crop will be off up to 25%.


Prev 1 2 Next All


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left

Feedback Form
Leads to Insight