LaKeland-based Florida Citrus Mutual says it will continue to study the prospects of petitioning the U.S. Department of Commerce to begin a full anti-dumping investigation against a Brazilian orange juice processor.
The action comes after the commerce department's recent statement that it cannot add Citrovita, the Sao Paulo-based processor in question, to the current anti-dumping order.
“Florida Citrus Mutual is committed to ensuring that Brazilian juice processors play by the rules and will closely scrutinize public trade records to strengthen our body of evidence against this particular exporter,” mutual executive vice presdent and chief executive officer Michael Sparks said in a news release. “We have a strong case and despite the recent minor setback we aren’t going to just let it go.”
In April, Mutual filed a petition that claimed the processor violated trade law by selling orange juice in the United States at well below its cost of production.
Mutual asked the DOC to add Citrovita to the current anti-dumping order that includes four other Brazilian processors.
The four are subject to pay deposits that are refunded if they don't dump product into the U.S. market.
The current anti-dumping order is estimated to have increased the on-tree value of Florida orange crops by 4 percent to 6 percent, or $85 to $125 million, over the 2005-06 and 2006-07 seasons, according to mutual.