CNBC: Why Orange Juice Futures Hit Records and Prices May Even Go Higher

Citrus growers are losing millions of dollars every year as U.S. orange production plummets amid extreme weather events, incurable citrus greening disease and inflationary pressure. In 2024, orange juice futures hit records and prices may even go higher.

AFBF economist Danny Munch spoke to CNBC about the challenges citrus growers are facing and how those challenges are impacting consumers.