Debt-to-asset ratios are on the rise, working capital is eroding and farmers’ sentiments are on the decline. Despite the negativity surrounding prices and outlooks, Famer Mac is providing a voice of optimism.
California growers are expected to produce 80 million cartons of navel oranges during the 2018-19 season, according to estimates from the U.S. Department of Agriculture. That’s an 11% increase over last year.
Florida’s orange volume should be about 77 million 90-pound box equivalents, most of which will go to processing, said Andrew Meadows, director of communications for Lakeland-based Florida Citrus Mutual.
AgriTalk Host Chip Flory brings in Jim Wiesemeyer to cover news from Washington, Greg Henderson and Pamela Riemenschneider cover online produce shopping, and Rhonda Brooks previews Farm Journal's Yield Tour.